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RIL adds nearly 2 lakh crore to investors wealth since Jio launch

July 21, 2017 / 15:29 IST
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Kshitij Anand Moneycontrol News

If you thought that Jio Infocomm Ltd would be a drag on Reliance Industries', then chances are that you have lost the opportunity to make quite a lot of money in a matter of just 10 months.

The stock as rallied about 50 percent since September 2016 to a fresh 9-year high of 1588 on 21 July. The market cap rose from Rs3.3 lakh crore to Rs5.1 lakh crore, during the same period.

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Let’s look at major milestones of RIL since the launch of Jio: