Penny stock under Re 1 Reliance Communications hits 5% upper circuit after this update

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RCom's stock rose 5% to ₹0.90, reflecting a four-day gain of 18.42%. The stock witnessed a massive correction in 2008, declining 69.56% during the year, and the downward trend has continued to date, with it slipping to ₹0.75 earlier this year.