RIL now 60th most-valued firm in the world; climbs 13 places from 2019
Mumbai: India’s most-valued company Reliance Industries (RILNSE -0.93 %) is now the 60th most-valued firm in the world, climbing 13 places from end of 2019.
The company with a market capitalization of $150.78 billion has risen past the likes of Unilever, Astrazeneca and McDonalds and ranks 60th in terms of market capitalization in the world, data from Reuters Eikon showed. Oil major Saudi Aramco tops the charts.
The company is just ahead of UK’s Unilver and lags behind US pharma major Eli Lilly & Co.
It has more than doubled from its 52-week low of 867.45 seen on March 23, as it went on a spree of marquee deals for its coveted unit Jio Platforms, and saw a its rights issue, the country’s biggest, sail through.
