Reliance Industries Market Cap Crosses Rs 14 Lakh Crore Mark

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The market cap (market capitalization) of Reliance Industries crossed the Rs 14 lakh crore mark during trading on Friday. On Friday, the company’s stock rose to an all-time high of 4 percent during trading.

The market cap (market capitalization) of Reliance Industries crossed the Rs 14 lakh crore mark during trading on Friday. On Friday, the company’s stock rose to an all-time high of 4 percent during trading. The market capitalization of the company’s separately listed partially paid-up shares is Rs 53,821 crore. Thus, the combined market cap of Reliance Industries increased to Rs 14,07,854.41 crore. The stock of the country’s most valuable company jumped 4.32 percent to Rs 2149.70 on the BSE. This increased the company’s market cap on BSE to Rs 13,54,033.41 crore.

On the National Stock Exchange (NSE), Reliance Industries shares rose 4.47 percent to Rs 2149.90 on Friday. The stock of Reliance Industries also rose 3 percent on Thursday after reports of Amazon buying a stake in Reliance Retail.

The partial paid-up share of the company on BSE rose 9.99 percent to Rs 1299. Reliance PP – Partially paid-up shares issued in the recently concluded rights issue – is listed on the stock exchange on June 15, 2020.

RIL is the most valuable listed company in the country. It is followed by TCA, which has a market cap of Rs 8,07,419.38 crore. Third place is HDFC Bank with a market cap of Rs 6,11,095.46 crore.

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