Shares of Reliance Industries witnessed a surge in the post noon session of trade as investors awaited for numbers on Jio Prime subscribers.
The scrip rose over 5 percent intraday on the BSE and was trading at a nine-year high mark.
Out of 100 million-plus free subscribers, nearly 50 million have signed up for its 'Prime' membership by paying a one-time charge of Rs 99 and buying data packs.
The company has offered customers Prime membership on payment of one-time fee of Rs 99. Data packs for such members is available for as low as Rs 149 per month. Voice calls on Jio will remain free.
At 14:14 hrs, the stock was quoting at Rs 1,322.80, up Rs 53.45, or 4.21 percent. It touched a 52-week high of Rs 1,336.00.
Reliance Jio is a part of Reliance Industries that owns Network 18 Media & moneycontrol.com
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.