Mumbai: Shares of Reliance Industries (RIL) surged to a new high on Wednesday, as they crossed the Rs 2,000-mark for the first time.
RIL shares touched an all-time high of Rs 2,010 per share.
Shares of Reliance Industries Limited (RIL) closed at Rs 2,004.10, up 1.64 per cent on the BSE. At the NSE, it rose by 1.64 per cent to close at Rs 2,004.
In the past three months RIL's stock price has grown around 48 per cent.
The surge has been largely on the back of the investments coming in from global marquee investors into Jio Platforms.
Read more:Gold hits new record high of Rs 50,920 per 10 gm; silver also glitters
Jio Platforms has received a total investment of Rs 1,52,056 crore in the past three months from financial and strategic investors, with Google being the latest investor to pitch in with Rs 33,737 crore.
On Wednesday, the company in a regulatory filing said that the meeting of its Board to consider and approve the standalone and consolidated financial results for the quarter ended June 30 will be held on Thursday, July 30, 2020 instead of July 24.
Reliance Industries crossed the Rs 13 lakh crore market valuation mark
The company's partly paid-up shares listed separately have a market capitalisation of Rs 46,702.88 crore. The aggregate market capitalisation of Reliance Industries now stands at Rs 13.17 lakh crore or USD 176.4 billion.
Earlier on July 6, the company's market capitalisation had crossed the USD 160 billion-mark. Thus, the company has added USD 15 billion to its market capitalisation within a fortnight.
RIL's market capitalisation at close of trade was Rs 12,70,480.06 crore on the BSE.
The company's partly paid-up shares crossed the Rs 1,100 level for the first time on Wednesday. ReliancePP closed at Rs 1,105.55, gaining 1.85 per cent on the BSE. This took its market capitalisation to Rs 46,702.88 crore.
While RIL is the country's most valuable listed company, the second-placed TCS has a market capitalisation of Rs 8.2 lakh crore, followed by HDFC Bank at Rs 6.2 lakh crore.
In rupee terms, Reliance Industries has added Rs 10 lakh crore to its market capitalisation in the last six years -- of which Rs 4 lakh crore were added in the last 10 months alone.
ReliancePP -- the partly paid-up shares issued in the recently concluded rights issue -- have generated over 3.5 times returns to investors in just a month. The issue had closed on June 4, 2020, when investors had to pay Rs 314.25 to own a partly paid-up share.
ReliancePP shares listed on the stock exchanges on June 15, 2020.
RIL's market capitalisation had crossed USD 150 billion on June 19. In total, RIL has added USD 25 billion in market valuation within a month.
Reliance has raised a total of 2,12,809 crore in the past few weeks through its rights issue, stake sale deals in Jio Platforms and investment by BP.
(With Inputs from IANS and PTI)
