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 Hits Upper Circuit Amid Strong Buying Pressure Reliance Communications Ltd (RCom) surged to hit its upper circuit limit on 9 March 2026, registering a maximum daily gain of 4.94% to close at ₹0.85. This sharp uptick was driven by robust buying interest, significant unfilled demand, and a regulatory freeze on further price movement, underscoring renewed investor enthusiasm in the micro-cap telecom services stock despite its challenging fundamentals. On the day in question, Reliance Communications Ltd witnessed a remarkable surge in trading activity, with total traded volume reaching 17.13 lakh shares. The stock’s price band was set at 5%, and it moved from a low of ₹0.83 to a high of ₹0.85, ultimately closing at the upper circuit price limit. This represents a ₹0.04 increase from the previous close, marking a 4.94% gain—the maximum allowed for the session. The stock’s performance notably outpaced its sector peers, outperforming the Telecom - Services sector by 6.99% and the broader Sensex index, which declined by 2.88% on the same day. This divergence highlights the stock’s isolated strength amid a generally subdued market environment. Investor interest in RCom has been on the rise, as evidenced by delivery volumes. On 6 March 2026, the stock recorded a delivery volume of 20.67 lakh shares, a staggering 226.17% increase compared to its five-day average delivery volume. This surge in delivery volumes indicates that investors are not merely trading intraday but are increasingly holding shares, signaling confidence in the stock’s near-term prospects. Liquidity metrics also support the stock’s tradability, with turnover amounting to ₹0.14 crore and the stock deemed liquid enough to accommodate trade sizes of ₹0.#relance_communications_ltd #telecom_services_sector #sensex_index #marketsmojo #micro_cap_stock
