Anil Ambanis RCom has been reeling under an estimated debt of over Rs 46,000 crore. (Express photo by Prashant Nadkar)Shares of Reliance Communications continued to reel under selling pressure Wednesday, falling below its face value of Rs 5, plunging nearly 13 per cent.
RCom stock plummeted 10.84 per cent to Rs 4.85 its all-time low on BSE. At NSE, shares crashed 12.61 per cent to Rs 4.85 apiece.
On Monday, RCom stock ended nearly 35 per cent lower and fell by another 28.5 per cent the next day after the company decided to opt for insolvency proceedings.
Among group shares, Reliance Infrastructure tanked 28.78 per cent and Reliance Capital plunged 10.61 per cent on BSE …
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