Reliance Group market capitalisation surges 1,000% to nearly Rs 8,000 cr

The market capitalization of Anil Ambani led Reliance Group has surged by over 1,000 per cent in less than 3 months.

The market cap of the group, which stood at Rs 733 cr in March, jumped to Rs 3,890 cr in May 2021, and Rs 7,866 cr on the last trading day of this week i.e. June 18, 2021.

The market capitalization of the group companies, Reliance Infrastructure, Reliance Power, and Reliance Capital has more than doubled over the last 20 trading days.

The market cap of Reliance Power now stands at Rs 4,446 cr, Reliance Infrastructure at Rs 2,767 cr, and Reliance Capital at Rs 653 cr.

Nearly 50 lakh retail investors of Reliance Infrastructure, Reliance Power and Reliance Capital, who have continued faith in the group, have gained from this immense value creation.