MoneyWorks4Me

Reliance Industries rises as its telecom arm declares free domestic voice calls from January 1

01 Jan 2021 Evaluate

Reliance Industries is currently trading at Rs. 1989.45, up by 4.80 points or 0.24% from its previous closing of Rs. 1984.65 on the BSE.

The scrip opened at Rs. 1986.15 and has touched a high and low of Rs. 1997.30 and Rs. 1982.30 respectively. So far 114477 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2368.80 on 16-Sep-2020 and a 52 week low of Rs. 867.45 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2024.90 and Rs. 1975.90 respectively. The current market cap of the company is Rs. 1345516.21 crore.

The promoters holding in the company stood at 50.49%, while Institutions and Non-Institutions held 38.58% and 10.93% respectively.

With the interconnect usage charges (IUC) regime for domestic voice calls coming to an end, Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has declared that all calls from its network to other networks anywhere in India will be free from January 1, 2021. As per the telecom regulator's directions, 'Bill and Keep' regime is being implemented in the country from January 1, 2021, thereby ending IUC charges for all domestic voice calls.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1275.00
Indian Oil Corpn. 135.30
Bharat PetroleumCorp 303.00
HPCL 354.00
MRPL 181.10
View more..