Reliance Industries m-cap goes past Rs 15 lakh cr mark as shares jump | Reliance Industries created new history, the company’s market capitalization crossed Rs 15 lakh crore

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Reliance Industries created new history, the company’s market capitalization crossed Rs 15 lakh crore

New Delhi: The market capitalization (mcap) of Reliance Industries jumped to a record Rs 15 lakh crore on Friday. Reliance is the first company in the country to achieve this level of mcap. With the rise in the shares of Reliance Industries, the company’s mcap reached Rs 15,14,017.50 crore after the close of trading on the BSE. The company’s stock rose 4.12 per cent to Rs 2,388.25 per equity.

During trading, Reliance’s stock had climbed up to 4.38 per cent to Rs 2,394.30 per equity. By market valuation, the stock of the largest company was the biggest gainer among the Sensex shares. The market valuation of Reliance Industries had crossed Rs 14 lakh crore in June this year. The market was also supported by the rise in Reliance’s stock and the Sensex closed above 58,000 for the first time on Friday. Reliance’s stock has gained more than 20 percent so far this year.

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