The market valuation of Reliance Industries, the country’s most valued firm, is fast nearing the ₹10 lakh crore mark helped by continuous rise in its share price. The company’s stock on Wednesday climbed 4.10 per cent to ₹1,571.85 — its record high — on the BSE.
Mukesh Ambani’s Reliance Jio on Tuesday said it will increase mobile phone call and data charges in the next few weeks in compliance with rules, as it followed similar announcements by Bharti Airtel and Vodafone Idea on tariff hike.
Led by gains in its stock price, the company’s market valuation rose to ₹9,90,366.80 crore during the morning trade.
