close
Breaking news

A new line of argument has already come to dominate the public sphere: it’...read more The government has gone one step further to detect community spread of the coro...read more The government has issued an order to abolish the six allowances, including the...read more Aarogya Setu application launched by NIC is aimed to track COVID-19 affected pe...read more SEOUL| South Korea’s unemployment rate was unchanged in April as the coronavi...read more Amid the outbreak of Corona pandemic in the country, Indian government has been...read more Prime Minister Narendra Modi in his address to the nation on Tuesday indicated ...read more Corona infection in the country is taking a macabre form. So far, more than 74 ...read more Congress General Secretary Priyanka Gandhi Vadra has written a letter to UP Chi...read more On Tuesday, Prime Minister Narendra Modi announced a package of Rs 20 lakh cror...read more

Reliance Market Capitalization Crosses 11.5 Lakh Crore

Reliance Industries Market Capitation Increases to 11.5 Lakh Crore

On Monday, Mukesh Ambani’s Reliance Industries Ltd (RIL) ‘s total market capitalization crossed the Rs 11.5 lakh crore mark. The rise in the company’s share price has led to an increase in market capitalization. RIL, the country’s most valuable company, achieved market capitalization of Rs 11 lakh crore in June itself and became the first company in the country to reach this milestone.

Reliance Industries Shares Trading at All Time High

Today, the stock of RIL, which has a large weight on the Bombay Stock Exchange (BSE), rose 2.55 per cent to Rs 1,833.10 per share during trading. At the same time, its share price on the National Stock Exchange (NSE) rose 2.55 per cent to reach the highest level of Rs 1,833.50.

The company raised a significant amount of money during the last two months through a rights issue and sale of a partial stake to major global investors, after which the company became pure debt-free. Recently, Jio platforms were invested by Facebook, KKR, Silver Lake, Vista Equity, General Atlantic, Mubadla, TPG, etc. 53,124.20 crore has been raised through the rights issue. The company’s stock has climbed more than 19 percent so far this year.

Story Page

Download Our Mobile App