Sukhani told CNBC-TV18, "There is some more upside in Reliance Communications. It came down to very strong support levels to Rs 64-65. It bounced from there on Friday. That was a good bounce. So, Reliance Communications may test Rs 75-80 also."
The share touched its 52-week high Rs 109.70 and 52-week low Rs 46.60 on 22 February, 2012 and 30 August, 2012, respectively.Currently, it is trading 35.64% below its 52-week high and 51.5% above its 52-week low.
The company's trailing 12-month (TTM) EPS was at Rs -3.67 per share. (Dec, 2012). The latest book value of the company is Rs 218.97 per share. At current value, the price-to-book value of the company was 0.32. The dividend yield of the company was 0.35%.
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