Is it good to invest in Reliance Communication?
Reliance Communication is shedding weight, resulting in the stock price moving higher. The stock has delivered one of the biggest returns in recent times. The stock has gained almost 200%, in a matter of only one quarter.
Is there any hope for Reliance Communications?
The company is deep in debt and any hopes of recovery are unlikely. The company has also shut most of its operations and the promoters are trying to sell the assets. It is being referred to the NCLT, so Rs.
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