Reliance stock hits 7-year-high post Jio announcement
A day after announcing that Reliance Jio added seven customers every second of every day, Mukesh Ambani-led Reliance Industries stock on Wednesday rallied to its highest level since June 2009. The RIL stock rallied as much as 7.3% to ₹1,158. This is RIL's highest intraday jump since May 16, 2014, when Narendra Modi-led BJP won the country's general elections.