Reliance Infrastructure shares gained on Monday after Mumbai Metro One (MMOPL), promoted by the company has started commercial operation of the metro services on June 8 at 12 noon. The company has now received all requisite government approvals for commercial operations.
''To provide the benefits of a new and world class experience to lakhs of valued citizens of Mumbai, a concessional and promotional fare of Rs 10 only will be charged for the first 30 days, irrespective of the distance travelled on the Versova-Andheri-Ghatkopar (VAG) corridor for a single one way trip between any stations,'' the company said.
Shares of the company are trading at Rs 813.40, up Rs 27.95, or 3.56% at the Bombay Stock Exchange (BSE) on Monday at 11:46 a.m.
The scrip has touched an intra-day high of Rs 819.80 and low of Rs 794.25. The total volume of shares traded at the BSE is 308,594.
In the earlier session, the shares gained 0.87%, or Rs 6.8, at Rs 785.45.
Currently, the stock is trading all time 52-week high, which is above 164.09% over the 52-week low of Rs 308.