Shares of Reliance Industries advanced 3 per cent in Wednesday's trade on reports that its subsidiary Reliance Jio Infocomm outran all its peers in April by adding about 4 million new users to reach a consumer base of 112.55 million.
Following the data released by the Telecom Regulatory Authority of India (TRAI) which reported an increase in the company's user market share to 9.58 per cent, from 9.29 per cent in March, shares of Reliance Industries were trading at Rs 1348, up 2.70 per cent on BSE.
TRAI data showed that Jio was also the leader in wireless broadband services with 112.55 million customers, followed by Bharti Airtel with 52.25 million, Vodafone with 39.76 million, and Idea Cellular with 24.09 million.
On June 9, 2017, ET reported that Reliance Industries had commissioned the last crystallization train of the para-xylene (PX) complex at Jamnagar.
"With the commissioning of this plant, RIL's PX capacity has more than doubled making it world's second largest producer of PX with about 11 per cent of global production," the company said in a filing to BSE.
RIL's net profit stands at Rs 29,901 crore year-on year (YoY) for the year ended March 31, 2017 with consolidated revenue of Rs 330,180 crore.
Following the data released by the Telecom Regulatory Authority of India (TRAI) which reported an increase in the company's user market share to 9.58 per cent, from 9.29 per cent in March, shares of Reliance Industries were trading at Rs 1348, up 2.70 per cent on BSE.
TRAI data showed that Jio was also the leader in wireless broadband services with 112.55 million customers, followed by Bharti Airtel with 52.25 million, Vodafone with 39.76 million, and Idea Cellular with 24.09 million.
On June 9, 2017, ET reported that Reliance Industries had commissioned the last crystallization train of the para-xylene (PX) complex at Jamnagar.
"With the commissioning of this plant, RIL's PX capacity has more than doubled making it world's second largest producer of PX with about 11 per cent of global production," the company said in a filing to BSE.
RIL's net profit stands at Rs 29,901 crore year-on year (YoY) for the year ended March 31, 2017 with consolidated revenue of Rs 330,180 crore.
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