BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains sell on Reliance Communications
CLSA has maintained "sell" rating on Reliance Communications with a target price of Rs 43. We have cut FY17/FY18 revenue estimates and EBITDA estimates by 1-5 per cent. RCom-Aircel joint venture is challenging with high gearing ratio.