Reliance Communications Ltd Hits Lower Circuit Amid Heavy Selling Pressure Reliance Communications Ltd (RCom) fell to its lower circuit limit on 4 March 2026, closing at a new 52-week low of ₹0.78. The stock dropped 4.88% in a single session, extending a four-day losing streak that has eroded nearly 16% of its value. This sharp decline reflects growing investor concerns over deteriorating fundamentals and weak market sentiment in the telecom services sector. On the day of the decline, RCom’s share price fluctuated between ₹0.79 and ₹0.78, ultimately settling at the lower circuit price of ₹0.78. This triggered an automatic trading halt to prevent further losses. The stock’s total traded volume reached 12.61 lakh shares, indicating heightened activity compared to recent sessions. However, delivery volumes dropped significantly, with only 5.65 lakh shares delivered on 2 March, a 30.72% decline from the five-day average. This suggests a predominance of short-term speculative trading and panic selling rather than long-term investor confidence. Reliance Communications remains a micro-cap entity with a market capitalisation of ₹218.48 crore, much smaller than its telecom peers. The stock underperformed the broader Telecom - Services sector, which fell 1.71%, and the Sensex, which declined 1.89%. RCom’s 3.66% one-day loss starkly contrasts with these benchmarks, highlighting its vulnerability amid sectoral challenges. Technically, RCom is trading below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—indicating a persistent downtrend. The stock’s Mojo Score is weak at 3.0, with a Strong Sell grade assigned on 13 January 2025, an upgrade from a previous Sell rating. This downgrade reflects worsening fundamentals and a bleak outlook from MarketsMOJO’s analysis.#sensex #telecom_services_sector #marketsmojo #reliance_communications_ltd #telecom_services
Reliance Communications Ltd Falls to 52-Week Low of Rs.0.76 Reliance Communications Ltd’s share price plummeted to a 52-week low of Rs.0.76 on March 5, 2026, marking a sharp decline amid persistent financial challenges and a prolonged downtrend. The stock fell 3.80% on the day, reaching its lowest level in over a year, and has lost approximately 20% in value over the past five trading days. This underperformance compared to sector peers by 4.3%, highlighting intensified selling pressure within the telecom services segment. The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signaling a sustained bearish trend. In contrast, the broader market, represented by the Sensex, opened 414.29 points higher and was trading at 79,556.47, up 0.56%. Despite the Sensex’s positive momentum, driven by mega-cap stocks, Reliance Communications Ltd continues to face downward pressure. Over the past year, the stock has declined 54.97%, significantly underperforming the Sensex, which gained 7.91% during the same period. The stock’s 52-week high was Rs.1.95, a drop of more than 60% from its peak. This underperformance is reflected in the company’s Mojo Score of 3.0 and a Mojo Grade of Strong Sell, which was downgraded from Sell on January 13, 2025. The company’s market capitalisation grade is 4, indicating a relatively small market cap within its sector. Its valuation is deemed risky compared to historical averages, with a negative EBITDA and a return of -55.56% over the last year, alongside a 43.4% decline in profits. Financial results for the quarter ended December 2025 revealed further challenges. Net sales dropped 26.7% to Rs.63 crore, compared to the previous four-quarter average, while the company reported a net loss (PAT) of Rs.#sensex #reliance_communications_ltd #telecom_services #mojo_score #mojo_grade
Bharti Airtel Ltd Sees High-Value Trading Amidst Sectoral Downtrend Bharti Airtel Ltd, a major player in India’s telecom services sector, recorded significant trading activity on 4 March 2026, with a total traded value exceeding ₹9,155 crores. Despite this high-value turnover, the stock experienced a modest decline, reflecting broader sectoral pressures and cautious investor sentiment. On the trading day, the company’s stock saw a total traded volume of 49.65 lakh shares, contributing to a substantial traded value of ₹9,155.79 crores. This places Bharti Airtel among the most actively traded equities by value on Indian exchanges, highlighting its prominence in market portfolios. The stock opened at ₹1,861.10 but touched an intraday low of ₹1,815.30, marking a 3.09% drop from the previous close of ₹1,873.20. The last traded price stood at ₹1,861.00 as of 09:44 IST, reflecting a day-on-day decline of 0.91%. Bharti Airtel’s performance mirrored the broader telecom sector, which declined by 1.71% on the day. The benchmark Sensex also fell by 1.89%, indicating a general risk-off mood in the market. Over the past three trading sessions, the stock has been on a downward trend, losing 4.34% cumulatively. This consecutive decline suggests short-term selling pressure, potentially driven by profit booking or sector-specific concerns. From a technical perspective, Bharti Airtel is trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This sustained weakness across multiple timeframes signals a bearish trend in the near term. The stock’s inability to hold above these averages may deter momentum traders and short-term investors, contributing to recent price softness. Notably, delivery volumes on 2 March surged to 76.18 lakh shares, a 20.#stock_market #india #marketsmojo #telecom_services #bharti_airtel_ltd
