RCom shares continue to gain, rally 10%

NEW DELHI: Shares of Reliance Communications further zoomed 10 per cent to hit the highest trading permissible limit for the second day in a row on Wednesday after the company cleared dues of Swedish service provider Ericsson. The scrip rose sharply by 10 per cent to Rs 4.84 — its upper circuit limit — on the BSE.

On NSE, shares advanced 9 per cent to Rs 4.80.

On the traded volume front, 150.71 lakh shares were traded on BSE and over 3 crore shares changed hands on NSE. Shares of the company had zoomed 10 per cent on Tuesday too.