Reliance Industries stock price has had a stellar run over the past 12 months and the stock continued its upward journey to touch a record high of Rs 1,122 in morning trade on Friday.

The stock has surged more than 16 percent since the conclusion of its 41st annual general meeting, held on July 5, 2018. The company had announced launch of its ‘Jio GigaFiber’ fiber-to-home service, and its ‘Jio Giga TV’ set-top box at the meeting.

At the AGM, Reliance Industries Chairman and Managing Director Mukesh Ambani said that the company has doubled its customer base for Jio to 215 million within 22 months of starting operations.