Rcom has fallen in price and is trading today at Rs. 178, which is much much below its Book Value of Rs. 250. No stock from top 100 are trading below their Book Value, not even Bharti, except Rcom. With this price, it becomes very very attractive for Investment.
Factor to be kept in mind while investing in shares is the book value. The book value of a company is the cost of an asset minus accumulated depreciation. In other words it is the total value of the company’s assets that shareholders would theoretically receive if a company is liquidated. So, if a stock is trading below its book value, then it is underpriced, and should therefore be seen as an opportunity to make an investment in that stock.
One can start accumulating Rcom for a price of Rs. 300 plus in coming months.
can u pls look at su-raj diamonds@46 whose book value is atleast 3 times than cmp n good dividend paying company! but that stock is struggling in these levels over 3 years then how do u justify rcom case with book value n market prediction is worse year a head for telecom sector! but i do agree that rcom is a group stock n su-raj is b grade but risk rewards! isn`t? - gupta.
| NIFTY 
