Tuesday 11 July 2017

RIL gains as Jio announces new unlimited plan

Reliance Industries rose 1.37% to Rs 1,515.70 at 9:25 IST on BSE after the company's telecom subsidiary Reliance Jio Infocomm announced that Jio Prime Members can enjoy unlimited services for 3 months with Rs 399 plan. The announcement was made after market hours yesterday, 11 July 2017. Meanwhile, the S&P BSE Sensex was up 77.99 points or 0.25% at 31,825.08. On the BSE, 41,000 shares were traded on the counter so far as against the average daily volumes of 4.07 lakh shares in the past one quarter. The stock had hit a high of Rs 1,519.70 so far during the day, which is a 52-week high. The stock hit a low of Rs 1,496 so far during the day. The stock had hit a 52-week low of Rs 932 on 9 November 2016. The stock had outperformed the market over the past one month till 11 July 2017, advancing 11.96% compared with the Sensex's 1.55% rise. The stock had also outperformed the market over the past one quarter, gaining 8.81% as against the Sensex's 6.58% rise. The scrip had also outperformed the market over the past one year, advancing 50.92% as against the Sensex's 14.91% rise. Commodity Trading Tips

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