Wednesday, October 12, 2016

Do you know..?
Jai Corp Ltd (Rs.72.95) made a high of Rs.1,282 on January 10, 2008.....while RCom (Rs.47.30) had made a high of Rs.800 plus in 2008.

However, both the companies now have expanded their businesses few fold from that avatar to the present state.

While in between Jai Corp Ltd has started venture capital fund and they are developing Rewas Port near Mumbai having a draft of about 14.5 meter with 10 berth for which again 2,000 acre of the inter-tidal land has already been given by the maritime board to the company and that port is expected to go on steam may be by the end of this year.

RCOM has done one of the biggest handshakes in the telecom sector, virtually merged with RJio (which has very strong Financial Muscle) and is to sell its Tower business by the end of this week.

So lot is there on the plate for patient investors.

It is pertinent to mention here that Jai Corp Ltd, incorporated in 1985, has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate.

On the other hand in case of RCom, the merged company's subscribers will have access to nationwide gold standard' 4G LTE services on the sub-1 GHz band, under RCom's existing nation-wide spectrum sharing/ ICR arrangements with Reliance Jio Infocomm.

The combined 2G, 3G and 4G networks position the merged entity for further strategic collaborations, and provide the entity the unique capability to offer a robust platform of services across all customer segments in all 22 telecom circles, including the mass market, leading to a superior customer experience at an affordable price point, and bringing the Internet to All.

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