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Shares of Reliance Industries hit fresh all-time high of Rs 943.45 as the company’s telecom arm Reliance Jio had last week raised the effective rates of some popular plans.
The company shares closed the session higher by 3.05 per cent at Rs 938.10 on the BSE. On the NSE, the stock jumped 3.32 per cent to Rs 940.10. The stock touched an intraday high of Rs 943.45 and a low of 909.90 on the BSE.
In terms of equity volume, 5.40 lakh shares changed hands on the BSE. Market capitalisation of the company stood at Rs 5,94,078.91.
PTI reports:
Reliance Jio customers will have to pay 15 per cent more for its popular 84-day plan at ₹459 with effect from October 19, under which subscribers get 1GB 4G data at high speed per day.
According to information published on the company’s website, subscribers of ₹149 plan will get 4GB of data for each billing cycle of 28 days under the new scheme “Diwali Dhamaka” compared with 2GB being offered at present.
Jio has also reduced the recharge tariff for lower denomination and short-term plans besides offering data benefits under the schemes.
The company has introduced a plan for ₹52 with one-week validity and ₹98 with 2 weeks that will offer its customers free voice, SMS, unlimited data (0.15 GB daily), as per its website. All plans of Jio will continue to offer unlimited voice calls even during roaming.
The ₹459 plan will offer Jio customers unlimited services at 1GB high speed data per day for 84 days for prepaid users followed by data at curtailed speed, along with unlimited voice calling and access to Jio apps. The company has also reduced the benefit under ₹509 scheme, which offers 2GB of data per day, by reducing its validity or billing cycle from 56 days to 49.
Accordingly, data at high speed gets reduced to 98 GB from 112 GB under previous scheme. Under this plan, data cost will be ₹5.2 per GB.
The ₹999 plan which offered 90 GB of 4G data without cut in download speed will now offer 60 GB at high speed data for 3 months. Jio has introduced ₹1,999 plan which will have six months validity and offer 125 GB data at unrestricted high speed.
Under the new scheme, the validity of plan priced at ₹4,999 will be for a year instead of 210 days under the previous scheme. However, customers opting for it will get unrestricted access to 350 GB high speed data for the plan period compared to 380 GB offered earlier for same price.
Prepaid plan tariff
Postpaid plan tariff
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