On the BSE, the scrip after opening on a positive note further rose to Rs 7.08 apiece, up 7.9 per cent.
Reliance Jio is offering 1,000 minutes per month (28-day cycle) of free calling every month across all plans.
Vodafone Idea shares fell over 5 per cent on Friday, spooked by Birla’s comments. The stock slumped 5.34 per cent at Rs 6.92.
We will have to shut shop, chairman Voda Idea Kumar Mangalam Birla said on a query about the course of action for the company.
Bharti Airtel also rose 3.11 per cent to hit its 52-week high of Rs 452.95, registering its fourth consecutive day of gain.
Bharti Airtel and Vodafone Idea on Monday announced a hike in mobile phone call and data charges from December.
Telecom operator Vodafone Idea on Thursday reported consolidated loss of Rs 50,921 crore.
Vodafone Idea plunged 21.62 per cent to Rs 2.90 -- its record low -- on the BSE.
The government of post-independence India stymied the Birla conglomerate with kindness.
Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore in three months.