Business Standard

Reliance Industries hits over 9-year high; stock up 41% in 2017

The stock hit a high of Rs 1,525, its highest level since January 17, 2008, on BSE in intra-day.

Jio, Reliance
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Jio, Reliance

SI Reporter Mumbai
Reliance Industries (RIL) hit an over 9-year high of Rs 1,525, up 2% on BSE in early morning trade.

The stock was trading at its highest level since January 17, 2008. Thus far in the calendar year 2017, it outperformed the market by surging 41% as compared to 19% rise in the S&P BSE Sensex.

On Tuesday, July 11, Reliance Jio Infocomm (Jio), RIL’s telecom subsidiary, announced that Jio Prime Members can enjoy unlimited services for three months with Rs 399 plan.

Over and above the Prime exclusive plans, Jio introduces new Every Day More Value (EDMV)

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