Profit

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

NSE
1.00
Change Change %
0.05 5.26%

Updated:17 Sep, 2019, 11:24 AM IST

BSE
0.94
Change Change %
0.04 4.44%

Updated:17 Sep, 2019, 11:35 AM 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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