Click it and Unblock the Notifications
Shares in telecom major Reliance Communications hits a 52-week high today on reports that the company would spin off its real estate business into a separate unit.
The shares were up 4.72 per cent and were last trading at Rs 142.20 on the Bombay Stock Exchange. "The proposed separation of real estate into a separate unit is part of RCOM's strategic plan to divest non-core assets, and focus on its core wireless and enterprise business," the company said in a press release.
The properties proposed to be developed by Reliance Properties include:
1. Prime land at Dhirubhai Ambani Knowledge City, Navi Mumbai measuring nearly
135 acres, with saleable area of over 15 million sq. ft.
2. Prime property near Connaught Place, New Delhi measuring nearly 4 acres.
GoodReturns.in
More From GoodReturns
New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?
LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged
Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?
Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026
Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi
Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya
Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April
Gold Price Today, April 3: 22K, 24K Rates Jump Across Tanishq, Malabar, Kalyan & Joyalukkas & IBJA
5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report
Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March
Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis
Sign in with Google