India, March 20 -- Shares of Reliance Communications further zoomed 10 per cent to hit the highest trading permissible limit for the second day in a row 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 Tuesday too.
Embattled billionaire Anil Ambani Monday warded off a possible jail term as RCom cleared dues of Ericsson with the money received from elder brother Mukesh and his wife Nita, whom he thanked for standing b...