RCom down 5.7%, punters exit given selloff on street

MUMBAI: Reliance Communications stock declined 5.7 per cent to Rs 253.4 at 10:20 am on Wednesday.

Analysts point out that while RCom is expected to post improved operating profit margins sequentially for the September 2008 quarter, punters are continuously exiting the stock given the broad selling pressure witnessed on the street.