Reliance Industries market valuation crosses Rs 14 lakh crore-mark

Reliance Industries’ market valuation crossed Rs 14 lakh crore-mark on Friday as its stock rallied over 4 percent to scale its fresh peak.

The company’s partly paid-up shares listed separately have a market capitalisation of Rs 53,821 crore. The combined market capitalisation of Reliance Industries now stands at Rs 14,07,854.41 crore.

The stock of the country’s most valued firm jumped 4.32 percent to a record high of Rs 2,149.70 on the BSE.

This took its market valuation to Rs 13,54,033.41 crore in the late morning trade on the BSE.

On the NSE, shares of the oil-to-telecom conglomerate rose by 4.47 percent to an all-time high of Rs 2,149.90.

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