RCOM Share Price Target 2022, 2023, 2025, 2030

rcom share price target Given below are RCom Reliance Communications estimates for target share price and NSE share price, valid for short, medium and long term. As of Mon 9 November 2020, Reliance Communications is trading at 1.45 on RCOM_BE with target share price of 1.4 and 1.5.

The above targets for stock prices are based on price movements and chart levels at which the stock has shown significant price action. Target – Broker kept the previous recommendation but lowered the target price. The daily analysis of RCom price action on a short and medium term time frame is clearly negative.

rcom share price target

Sellers dominated the stock market this week and may continue to dominate for the next few days. Sellers dominated the stock market this month and may continue to dominate in the days to come. As a result, if this rally continues, the share price could go up, which no one understands. I couldn’t find a company that I could recommend in this or that area.

We bought a real estate company in Bangalore, but also sold it because I think this rally will end at some point and many of these companies will disappear or drop dramatically in value. There’s currently no point in trying to differentiate between really bad companies and good companies that can go down a bit. You can also wait because the improvement is yet to happen.

Yes, the price could be higher or higher, but I think the share price could definitely reach 4200. RCom Reliance Communications Ltd short term outlook and target is a downtrend and target share price is as close to 0.9 as possible. Short Term Volume Weighted Average Price is 3.01 and Reliance Communications (RCOM) is trading below this level.

RCom Share Price Target 2022, 2023, 2025, 2030

Reliance Communications shares rose 4.35% to hit a high of Rs 0.72 from previous closing of Rs 0.69, rallied in early trade today following news that the company and its 2 subsidiaries have an application deadline today.

In 2019, RCom closed its telecom business and filed for bankruptcy, later in February 2019, as the company was unable to sell assets to pay off debt.

Since receiving a single license and launching Reliance Jio’s telecom services in September 2016, Ambani has been selling voice and data plans at the lowest prices, although other competitors won similar licenses, including his younger brother Anil Reliance Communications Ltd. Were. Non-government carriers eventually shrank. at least three.

For 63-year-old Ambani, Asia’s richest man with a net worth of $79 billion, the technology of e-commerce could be tougher than the growth of telecommunications. Most of the wireless carriers they beat were local players that didn’t have the weight, experience, and deep pockets of Amazon or the marketplace.

The flagship company of Reliance Industries Limited is the Fortune Global 500 and the largest private sector company in India. Reliance Communications Limited is the flagship of the Reliance Anil Dhirubhai Ambani Group, which is India’s third largest business house with around 1.2 billion customers.

combined with. A subsidiary of RCom Global Cloud Exchange Limited (GCX). RCom is a leading provider of global communications services with companies that include an extensive global submarine network; a global networked cloud ecosystem; huge India and global corporate business; India Data Center Business (IDC) and India National Long Distance (NLD). It currently serves approximately 40,000 Indian and international companies, including over 200 global, regional and national carriers.

The Reliance Industries Limited pricing page also displays information about prices and volumes for user-defined time intervals, real-time price and volume information for stocks, 52-week low, supply and demand prices and volumes, daily and Also displays historical prices. Chart. BSE & SENSEX quotes are displayed in real time and licensed by Bombay Stock Exchange.

As per the current data, the stock and market environment has likely been in a bullish cycle for the last 12 months (if any). Stock Analysis – Before investing know that the stock rating of Reliance Industries Limited has fallen by 1 on a 10-point scale in a week.

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