RIL market valuation crosses Rs 14 trillion-mark; stock hits new high
Reliance Industries’ market valuation crossed Rs 14 lakh crore-mark on Friday as its stock rallied over 4 per cent 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 per cent 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 per cent to an all-time high of Rs 2,149.90.
