India, Feb. 8 -- Shares of Reliance Communications and other group companies bounced back Friday, surging up to 11.2 per cent after the recent hammering.
RCom shares gained 4.82 per cent to close at Rs 5.44 on the BSE. Intra-day, it surged 6.93 per cent to Rs 5.55.
At the NSE, the stock rose by 4.80 per cent to settle at Rs 5.45.
Other group shares too gained, where Reliance Capital zoomed 11.23 per cent, Reliance Power advanced by 9.55 per cent, Reliance Infrastructure gained 6.54 per cent and Reliance Naval and Engineering 5.78 per cent on the BSE.
Reliance Communications had, however, recovered Wednesday after three days of sharp fall.
Shares of Reliance Communications fell Thursday by over 6 per cent, with group companies also tumb...