RIL shines 3% on plans for low-cost telecom towers

Reliance Industries (RIL) shined on Monday after media reports quoted that RIL group is believed to be working on ultra-low cost base stations, which are used to transmit signals for telecom services, costing just Rs 1 lakh each. Shares ofthe companyare trading at Rs 868.60, up Rs 27.65, or 3.29% at the Bombay Stock Exchange (BSE) on Monday at 10:25 a.m.The scrip has touched an intra-day high of Rs 881 and low of Rs 848.50. The total volume of shares traded at the BSE is 458,771.In the earlier session, the shares rose 5.35%, or Rs 42.7, at Rs 840.95. Currently, the stock is trading down 3.7% from its 52-week high of Rs 902 and above 29.45% over the 52-week low of Rs 671.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 795.45 45.50 5.72 1 Month 815.05 25.90 3.18 3 Months 726.60 114.35 15.74 6 Months 754.90 86.05 11.40 1 Year 827.45 13.50 1.63 Note: Based on previous day closing price.