RIL shares rise as Jio adds highest subscriber base with 20 lakh additions in October

Shares of Reliance Industries Limited (RIL) climbed 0.8% to their day’s high of ₹1,579.95 on the BSE on Monday, December 1, after its telecom arm, Reliance Jio, posted the highest subscriber additions in the country for October. According to data released by the Telecom Regulatory Authority of India (TRAI), Jio added 19.97 lakh mobile subscribers in October, taking its total user base to 48.47 crore, up from 48.27 crore in September.