RIL’s market valuation crosses ₹11.5 lakh-cr mark

PTI New Delhi | Updated on July 06, 2020

Reliance Industries Limited’s market valuation on Monday crossed ₹11.5 lakh crore mark on the account of rise in its share price.

The heavyweight stock jumped 2.55 per cent to a record high of ₹1,833.10 on the BSE.

On the NSE, it gained 2.55 per cent to an all-time high of ₹1,833.50.

Its market valuation rose by ₹26,150.05 crore to Rs 11,59,318.60 crore during the morning trade.

Reliance Industries, the country’s most valued firm, last month became the first Indian company to cross the ₹11 lakh crore market valuation mark.

Shares of Reliance Industries on Friday rose by nearly 2 per cent after announcement that Intel Capital will buy 0.39 per cent stake in Jio Platforms.

Published on July 06, 2020

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor