New Delhi: Shares of Reliance Industries rose by over 1% to hit a fresh nine-year high on Wednesday after its subsidiary Reliance Jio unveiled new tariff plans. More From Livemint »During the day, it gained 1.95% to Rs 1,524.501—its multi-year high level. The company’s market valuation rose by Rs 5,000 crore to Rs4.90 trillion. 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. Reliance Jio on Tuesday announced new tariff plans to replace its current dirt-cheap rates, offering lesser validity and data on a revamped Rs 309 plan and dishing out a bumper 84GB for Rs 399.

Source: Mint July 12, 2017 12:45 UTC