The stock went up by 3.93 per cent to close at Rs 1,319.20 on BSE. During the day, it surged 5.25 per cent to a multi-year high of Rs 1,336.
At NSE, shares of the company moved up by 3.95 per cent to Rs 1,320.90.
Led by the rise in price, the company's market valuation surged Rs 17,183.46 crore to Rs 4,28,908.46 crore.
On volume front, 16.74 lakh shares of the company were traded on BSE and over one crore shares changed hands on NSE during the day.
Jio's promotional Happy New Year plan that offered free voice and data ends today.