RIL Surges To 9-Year High As Prime Membership Cruise Passed 50 Million Mark

Reliance Industries Limited's (RIL's) stocks surged to a 9-year high of Rs 1337.65 per share on the NSE platform, as the investors are looking forward to the release of data related to total number of subscribers for Jio’s prime membership. The stock on the BSE hit its 52-week high of Rs 1336 per share, and was up by 4.2% in Friday’s trade.

March 31 is the last date to sign up for the much abuzz Jio prime membership offered by Reliance. Jio's prime membership is an extension of Reliance Jio's offer of rebated call and data charges with an affordable annual membership price of Rs 99. 50 million Jio customers have already signed up for the Jio prime membership offered by the company.

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About Suhani Varma

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