Stock Idea Rcom.

>> Wednesday, September 10, 2008

Scrip: - Reliance Comm.
BSE Code: - 532712
Market Cap: -
83643.59
CMP: - 405.25
52 Week H/L: - 844.00 - 381.05

Summary: -
Reliance Communications Limited is an integrated telecommunications service provider. Reliance Communications Limited has established a pan-India, next generation, integrated (wireless and wireline), convergent (voice, data and video) digital network that is capable of supporting services spanning the entire infocomm value chain, covering over 15,000 towns and 400,000 villages. Reliance Communications owns and operates a next-generation Internet protocol (IP)-enabled connectivity infrastructure, comprising over 165,000 kilometers of fiber optic cable systems in India, United States, Europe, Middle East and the Asia Pacific region. The Company has a customer base of 50 million, including over 1.5 million individual overseas retail customers. Its corporate clientele includes 1850 Indian and multinational corporations, and over 250 global carriers. The Company is the flagship company of the Reliance Anil Dhirubhai Ambani Group. In April 2008, it acquired a 90% interest in eWave World Ltd.
Having 50 million customers it is second largest telecom operator behind Bharti Airtel.
It is an excellent company of ADAG group it has good business model among the all other telecommunication company in India co and also is the second highest subscriber in India co provides various services like mobile,fixed/wirless phone/terminal,land line,net connection,,PCO, Etc. The company also owns world best ethernate technology with buyout flag tecl.

The key positive factors: -
1. It will roll out GSM services from December onwards. This will be a major trigger for new growth opportunities. Reliance Communications is the only national operator providing GSM and CDMA services.

2. Telecom story is still intact. New subscriber numbers are still encouraging.
3. It entered into lucrative IT space by announcing Reliance Technology Services- another growth opportunity.
4. Arrival of BIG TV a profitable business "may be."
5. Reliance Communications will list its global arm “Globalcom” as a separate entity.
6. It will list tower business (Reliance Infratel) within a short period of time. Both the above listings will unlock value in this communications giant.
7. Broadband usage will increase in the coming years.

The key Factors to drive this stock will the Reliance Infratel IPO.
Introduction of GSM service will add a plus to it.

Live Charts. - (technicals)





If you wish to add any thing to this stock , fundamentally or technically post it in comments.
I Will appreciate it.

1 comments:

Anonymous September 11, 2008 at 3:36 PM  

Technically speaking this scrip has a resistance at 490 and a good support at 370 levels.
This can be clearly seen on the chart.
Once 440 is crossed next target is 490 and if 490 is crossed next target is of 520 and 550.