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2008-06-16

Reliance Comm shares open 0.5 pct up

Shares in India’s No. 2 mobile operator, Reliance Communications Ltd, opened 0.5 percent up after it said late on Friday Reliance Industries had claimed a right of first refusal to buy a controlling stake in it.


By 9:55 a.m, Reliance Communications shares were trading 0.52 percent higher at 546.15 rupees.


Top listed firm Reliance Industries rose 1.62 percent to 2,305 rupees

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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.