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Reliance m-cap at all time high, share trading above Rs 1500

Reliance Industries Limited became the first Indian firm to hit a market valuation of Rs 9.5 lakh crore. At 1:22 PM the shares of RIL were trading at 1,506.85 higher by 47.65 points or 3.27 per cent.

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Published : Nov 19, 2019, 1:38 PM IST

Updated : Nov 19, 2019, 4:21 PM IST

Mumbai: Reliance Industries Limited on Tuesday achieved another milestone becoming the first Indian firm to hit a market valuation of Rs 9.5 lakh crore, helped by a rally in its stock price.

At close of trade, shares of the company climbed 3.52 per cent to close at Rs 1,509.80 on the BSE. During the day, it jumped 3.87 per cent to a record high of Rs 1,514.95.

Following this, the company's market valuation rose by Rs 32,525.22 crore to Rs 9,57,086.22 crore on the BSE.

Last month, RIL had added another feather to its cap by becoming the first Indian firm to hit the Rs 9 lakh crore market valuation mark in intra-day trade.

In August 2018, RIL became the first domestic firm to cross the Rs 8 lakh crore mark in terms of market valuation.

TCS is the country's second most valued firm with a market valuation of Rs 7,91,115.27 crore followed by HDFC Bank with a market cap of Rs 6,97,761.76 crore, Hindustan Unilever Limited (Rs 4,40,961.39 crore) and HDFC (Rs 3,82,291.21 crore).

So far this year, RIL's stock has gained over 34 per cent.

The m-cap figures of the companies change daily with stock price movement.

Read more: US extends license for businesses to work with Huawei by 90 days

Mumbai: Reliance Industries Limited on Tuesday achieved another milestone becoming the first Indian firm to hit a market valuation of Rs 9.5 lakh crore, helped by a rally in its stock price.

At close of trade, shares of the company climbed 3.52 per cent to close at Rs 1,509.80 on the BSE. During the day, it jumped 3.87 per cent to a record high of Rs 1,514.95.

Following this, the company's market valuation rose by Rs 32,525.22 crore to Rs 9,57,086.22 crore on the BSE.

Last month, RIL had added another feather to its cap by becoming the first Indian firm to hit the Rs 9 lakh crore market valuation mark in intra-day trade.

In August 2018, RIL became the first domestic firm to cross the Rs 8 lakh crore mark in terms of market valuation.

TCS is the country's second most valued firm with a market valuation of Rs 7,91,115.27 crore followed by HDFC Bank with a market cap of Rs 6,97,761.76 crore, Hindustan Unilever Limited (Rs 4,40,961.39 crore) and HDFC (Rs 3,82,291.21 crore).

So far this year, RIL's stock has gained over 34 per cent.

The m-cap figures of the companies change daily with stock price movement.

Read more: US extends license for businesses to work with Huawei by 90 days

Intro:Body:



The market capitalisation of Mukesh Ambani-led Reliance Industries Ltd (Ltd) on Tuesday added another feather to its cap by becoming the first Indian firm to hit the Rs 9.5  lakh crore market valuation mark.

At 1:22 PM the shares of RIL were trading at Rs 1,506.85 higher by Rs 47.65 points or 3.27 per cent.

On 18th October 2019, RIL cap had hit Rs 9lakh crore.

Top Companies according to market capitalisation:

Reliance Industries- 9.5 lakh core

TCS- 7.91 lakh crore

HDFC Bank- 6.95 lakh core

Hindustan unilever- 4.41 lakh crore

HDFC Ltd- 3.83 lakh crore


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Last Updated : Nov 19, 2019, 4:21 PM IST
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