RIL Gains After Jio Announces New Plans

Reliance Industries gained 1.39% during the early morning trade on Wednesday, on the BSE as its subsidiary Reliance Jio Infocomm announced the revision of its subscription plans.

RIL made the announcement post market hours on Tuesday.

Reliance Jio Infocomm (Jio) announced that Jio Prime Members can enjoy unlimited services for 3 months with Rs 399 plan. The earlier launched Rs 309 plan will provide 2 months of unlimited Jio services.

The stock of RIL was trading at Rs 1514.30, up by Rs 19.10 or 1.28% as at 1013 hours on Wednesday, on the BSE. The stock had hit an intraday high of Rs 1,524.50.

Meanwhile, the S&P BSE Sensex was up 36.11 points or 0.11% at 31,783.20.

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