Bengaluru, June 27 -- This telecom sector stock, which was once a shining star in India, experienced dramatic ups and downs. At its peak, it was considered a multibagger stock, delivering massive returns for investors. However, in recent years, it has turned into a "multibegger," a term used for stocks that destroy wealth due to poor performance.

For example, if someone had invested Rs. 1 lakh in the company's stock 18 years ago, it would have turned into around Rs. 210 today, reflecting a crash of nearly 99.8 percent in value. This article explores the company's journey, its rise, fall, and current state, using simple words to break down the story.

The Glory Days of Reliance Communications In the early 2000s, Reliance Communications, ...