Shares Of Reliance Industries Rose 1 Percent On Monday Morning

Shares of Reliance Industries rose 1 percent on Monday morning as investors cheered good revenue data for its telecom business, Reliance Jio. The stock has also hit a fresh 52-week high.

The stock touched an intraday high of Rs 1,291.85 and an intraday low of Rs 1,280.00. According to a report in The Economic Times, the firm is now the second-largest company by revenue market share. It has now pipped Vodafone India.

The report further added that strong performance in rural mobile markets and competitive pricing aided the performance.

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