| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 28 Sept 2024 |  Annual General Meeting | NA | 28 Sept 2024 | 2.20 | 2.02 |
| 09 Nov 2024 |  Quarterly Result Announcement | NA | 09 Nov 2024 | 2.24 | 2.09 |
| 06 Feb 2025 | Quarterly Result Announcement | NA | 06 Feb 2025 | 1.60 | 1.62 |
| 27 May 2025 | Quarterly Result Announcement | NA | 27 May 2025 | 1.56 | 1.62 |
| 13 Aug 2025 | Quarterly Result Announcement | NA | 13 Aug 2025 | 1.50 | 1.78 |
| 30 Sept 2025 | Annual General Meeting | NA | 30 Sept 2025 | 1.36 | 1.39 |
Reliance Communications
1.26
-0.05
(-3.82%)
Key Fundamentals
Market Cap
348.50 Cr
EPS
-34.21
PE Ratio
-0.04
Dividend Yield
0.00 %
Industry
Telecom 52 Week High
2.35
52 Week Low
1.26
PB Ratio
-0.00
Debt to Equity
0.00
Sector
Telecom Service Provider Actual
Company News
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IDBI Bank has classified Reliance Communications Limited's loan account as fraudulent. The company is undergoing a corporate insolvency resolution process. Legal steps have been reported to the RBI and law enforcement agencies regarding this matter.
The Enforcement Directorate attached 132 acres of land at Dhirubhai Ambani Knowledge City in Navi Mumbai valued at Rs 4,462.81 crore in the Reliance Communications bank loan fraud case. This follows earlier asset attachments worth Rs 3,000 crore linked to the Anil Ambani group, bringing total seizures to over Rs 7,545 crore. The investigation stems from a CBI FIR naming Anil Ambani, RCom, and others for fraud, conspiracy, and corruption related to loans exceeding Rs 40,000 crore taken from Indian and foreign banks between 2010 and 2012. Five loan accounts have been declared fraudulent by lending banks. ED findings reveal Rs 13,600 crore was diverted through loan evergreening, Rs 12,600 crore was transferred to related companies, and over Rs 1,800 crore was moved through fixed deposits and mutual funds before reinvestment in group companies. The investigation also uncovered misuse of bill discounting schemes and international fund transfers.
Bank of Maharashtra has classified Reliance Communications Limited's loan account as fraud, citing misappropriation of funds and criminal breach of trust. The bank identified that Letter of Credit discounting was used for round tripping of loans to related parties and for repayment of outstanding LCs, constituting potential evergreening and diversion of funds. The classification was based on forensic audit findings showing circular routing of funds between RCOM and its subsidiary RITL worth Rs 2,779.38 crores. The bank has reported the matter to the Reserve Bank of India and will file police/CBI complaints as per RBI directions. RCOM is currently under corporate insolvency resolution process since June 2019, with a resolution plan approved by creditors awaiting tribunal approval. The company states it will have protection under the Insolvency and Bankruptcy Code against liabilities for offences committed prior to the insolvency process once the resolution plan is approved.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
2,113.30 | #1 12,05,025.90 | 26.96 | #1 1,74,558.90 | 15.28 | #1 37,481 | 108.28 | 69.39 | |
9.41 | 1,01,950.80 | -3.71 | 44,591.90 | 4.27 | -27,383 | -2.74 | 57.17 | |
1,873.00 | 93,650.00 | 60.76 | 8,729.70 | #1 18.97 | 1,494 | 66.42 | 60.27 | |
1,602.30 | 62,856.30 | - | 0.00 | - | 0 | - | 68.99 | |
1,905.40 | 54,303.90 | 32.89 | 23,238.90 | 10.40 | 1,583 | -19.40 | 59.78 | |
55.50 | 10,849.80 | #1 -8.57 | 1,323.90 | 9.61 | -1,275 | 2.91 | 47.07 | |
41.86 | 2,637.20 | -0.75 | 1,378.50 | 0.39 | -3,328 | -21.94 | 41.58 | |
1.26 | #8 348.50 | #5 -0.04 | #8 391.00 | #9 -9.90 | #6 -186 | #7 -15.32 | 29.88 | |
0.38 | 23.30 | -0.09 | 566.90 | 7.18 | -132 | 54.15 | 42.29 | |
6.22 | 4.20 | - | 10.40 | 13.04 | -2 | #1 400.00 | 25.26 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
-9.90 %
Net Income Growth
-63.54 %
Cash Flow Change
165.00 %
ROE
-67.57 %
ROCE
-83.87 %
EBITDA Margin (Avg.)
864.75 %
Corporate Action
Technical Indicators
RSI(14)
Neutral 29.88
ATR(14)
Volatile 0.05
STOCH(9,6)
Oversold 6.65
STOCH RSI(14)
Oversold 0.00
MACD(12,26)
Bearish -0.01
ADX(14)
Weak Trend 15.32
UO(9)
Bullish 24.60
ROC(12)
Downtrend And Accelerating -10.00
WillR(14)
Oversold -100.00
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