RCom stocks News
The stock plunged as much as 54.3 percent to 5.3 rupees apiece on Monday.
The scrip of Reliance Communications slumped 12.12 percent, Reliance Capital tanked 10.21 percent and Reliance Infrastructure plummeted 9.16 percent on BSE.
On NSE, the stock lost 4.86 percent to hit a one-year low of Rs 15.65.
Reliance Communications, which is saddled with Rs 45,000 crore of debt, has got a 7-month reprieve from banks to service it.
Reliance Communications shares on Tuesday rose over 2 percent after the company said it is in talks with Aircel for a possible merger of the wireless business.
The stock ended at Rs 58.70, down 0.25 percent, on the BSE. In intra-day trade, shares of the company gained 2.97 percent to Rs 60.60.
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