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.
Jio had over 112 million users at the end of April 2017.
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