Shares of Reliance Industries rose by over 1 per cent to hit a fresh nine-year high today after its subsidiary Reliance Jio unveiled new tariff plans.
The stock jumped 1.02 per cent to settle at Rs 1,510.50 on BSE. During the day, it gained 1.95 per cent to Rs 1,524.50 -- its multi-year high level.
On NSE, it went up by 1.12 per cent to close at Rs 1,511.10.
The company's market valuation rose by Rs 5,018.01 crore to Rs 4,91,149.01 crore.
On the volume front, 2.85 lakh shares of the company were traded on BSE and over 39 lakh shares changed hands at NSE during the day.
Reliance Jio yesterday announced new tariff plans to replace its current dirt-cheap rates, offering lesser validity and data on a revamped Rs 309 plan and dishing out a bumper 84GB for Rs 399.
Jio had over 112 million users at the end of April 2017.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)