Mukesh Ambani’s company Reliance Industries Limited is now the 40th most valuable company in the world in terms of market capitalization. At the same time, Reliance has reached a target of ০ 210 billion in market capitalization or more than Rs 1.5 trillion in Indian currency. This is the first time any Indian company has touched this height Under the umbrella of Reliance Industries, run by billionaire Mukesh Ambani, there are businesses in the crude oil, refinery, petrochemical, retail, and telecom sectors.
Shares of Reliance Industries touched Rs 2,344.95 on the National Stock Exchange on Wednesday. Which is the all-time record 6 At the close of the day, the stock closed at Rs 2,319 with a profit of 7.29 percent. Shares of ReliancePP also rose 10 percent to close at Rs 1,393.6 on the National Stock Exchange. Which is the highest of all time With this, the market cap of Reliance reached 15.45 lakh crore or 210 billion dollars.
After the market closed, RIL’s market cap stood at ৮ 206.3 billion According to market experts, this is the first time a company has stepped in with a market capitalization of 200 billion. Reliance Industries has overtaken companies like Exxon Mobil, PepsiCo, SAP, Oracle, Pfizer, and Novartis to become the 40th most valuable company in the world. In addition, RIL is now one of the top 10 most valuable companies in Asia
ReliancePP, or partially paid share, has risen 4.4 times in just three months At the close of the share rights issue on June 4, investors had to pay Rs 314.25 per partially paid share. On June 19, Reliance crossed150 billion market cap, making a profit of 60 billion in less than 60 days.