News: Reliance Comm m-cap hits $20 b

(PTI 01/12/2006) Mumbai - The market capitalisation of Anil Ambani group company Reliance Communications today topped $20 billion, and now stands at Rs 90,400 crore ($20.19 billion).

The shares gained more than 3% (Rs 13) to close at an all-time high of Rs 442.05 today. A total of about 63 lakh shares changed hands on the BSE today.

Selective buying was witnessed in the shares of Bharti Airtel, and it gained marginally to take the company's market capitalisation to Rs 1,20,000 crore ($26.80 billion).