Reliance 1st Indian company to achieve market cap of Rs 20 lakh crore
Mumbai, Feb. 15 -- Mukesh Ambani-led Reliance Industries Limited (RIL) became the first Indian company to achieve a market capitalization of Rs 20 lakh crore. The shares of the company had hit a 52-week high during intra-day trade at Rs 2,957.80.
The market valuation of the company surged to Rs 20,01,279.72 crore during the intra-day session and at close, the market capitalisation stood at Rs 19,81,635.72 crore.
On the NSE, shares of Reliance Industries rose nearly 1.89 per cent to reach a record high of Rs 2,958 apiece - also its 52-week high level. Later, the blue-chip stock ended 0.74 per cent higher at Rs 2,926.20 apiece.
In the past two weeks, the market value of RIL stock has gone up by nearly Rs 1 lakh crore.
Reliance Industrie...
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