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luahawaii

Reliance Communications: down 50% since Apri

RELIANCE COMM LTD (NSE:RCOM)  
luahawaii  
NSE:RCOM   RELIANCE COMM LTD
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www.tradingview.com/chart/USgPF48e/

Reliance Communications: down 50% since April. P/BV at around 0.2x. Even though the telecom market in India is extremely competitive, we do not think Reliance will default on its debt or go bankrupt. Maybe a deep value buy.
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