Large buys and sells in Reliance Communications indicate some players holding large numbers of shares in the company have been selling and buying back largely the same numbers of shares in an effort to earn some remaining profit, as the price of RCom stock continues to decline. These include the firms Shaastra Securities, Purity Trademax, as well as Adroit Share and Stock Broker. None of these firms have publicly available shareholding data.

While RCom's share price is currently above where it was in December (when prices hovered in the Rs. 11 - Rs. 15 range), share price for the company has stagnated, as it has come under regulatory criticism for failing to pay back the remaining money from its subscribers, and also failing to disclose details of its deal with Reliance Jio. Neither RCom nor Reliance Jio have disclosed the valuation of the deal involving Jio's purchase of RCom's wireless assets. As some would say - it's all in the family.

Minority shareholder HSBC Daisy Investments (Mauritius) approached the National Company Law Tribunal seeking redress, on details of RCom's deal with Mukesh Ambani's company. Reliance Infratel, RCom's telecom tower arm, has finally agreed to disclose deal details, on condition that these details cannot be made public to other shareholders.