Reliance Inds at new high

After hitting a new high on 10th July at Rs.1508, Reliance Industries hit another new high today at Rs.1524.50.

The market is apparently happy with the company’s new tariff plans for Jio. It upgraded its Dhan Dhana Dhan plan, and the new packs start at Rs 349, with data benefits.

It has also introduced a new Rs.399 plan, which is offering a longer validity period giving users more 4G data and unlimited data. In another new plan priced at Rs 349, users can avail 20GB of 4G data, for a period of 56 days. The Rs 399 plan is similar to Rs 309 plan, but the validity of the offer is 84 days.

While the Rs 399 plan comes with a daily FUP of 1GB data, the Rs 349 plan does not have any kind of data cap. However, once you exhaust the 20GB 4G data limit, the internet speed will come down to 128 kbps. Meanwhile, voice calling and SMS will remain free.

The earlier Rs 309 plan is still available with 1 GB data per day, but the validity period has been extended to 56 days.