Reliance Communications' shares surged nearly nine percent intraday to touch a new 52-week high of Rs 101.35 on Monday.
The stock has rallied nearly 97 percent in a month.
At 15:03 hours IST, the stock was quoting at Rs 100.80, up 8.33 percent.
Trading volumes increased four percent to 1,12,56,687 equity shares as compared to its five-day average of 1,08,43,969 shares.
Earlier the share touched its 52-week high Rs 99.90 and 52-week low Rs 46.60 on 23 April, 2013 and 30 August, 2012, respectively.
Market capitalisation of the company currently stands at Rs 20,805.39 crore.
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