Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
11.90
Change Change %
-0.35 -2.86%

Updated:25 Sep, 2018, 11:59 AM IST

BSE
11.95
Change Change %
-0.35 -2.85%

Updated:25 Sep, 2018, 12:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
01-06-2016 Sell 47.05 43.00
N/A
Target Hit Long (1Y)
01-06-2017

CLSA downgrades Reliance Communications to sell

CLSA has downgraded Reliance Communications to "sell" from "outperform" earlier. CLSA cuts EBITDA estimates for FY17-18 by 3-4 per cent. Current leverage at 6 times EBITDA is uncomfortable. RCom's margin collapse in Q4 in concerning.

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