{"id":296941,"date":"2019-10-19T10:31:37","date_gmt":"2019-10-19T05:01:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=296941"},"modified":"2019-10-19T10:36:47","modified_gmt":"2019-10-19T05:06:47","slug":"ril-becomes-first-indian-firm-to-hit-rs-9-trn-m-cap-stock-up-27-in-cy19","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-becomes-first-indian-firm-to-hit-rs-9-trn-m-cap-stock-up-27-in-cy19\/","title":{"rendered":"RIL becomes first Indian firm to hit Rs 9 trn m-cap; stock up 27% in CY19"},"content":{"rendered":"<p>Reliance Industries (RIL), the oil-to-telecom behemoth, on Friday hit another milestone as the market capitalisation (m-cap) of the company breached the coveted Rs 9 trillion-mark, the first by any Indian company. <\/p>\n<p>The stock hit a high of Rs 1,428 during the session. At close, shares of the company stood at Rs 1,415.30 apiece on the BSE, up 1.37 per cent. The m-cap stood at Rs 8,97,179.47 crore. <\/p>\n<p>The Mukesh Ambani-led company is slated to release its September quarter results later in the day where it is expected to report a strong quarter for the July-September period. Analysts expect refining to offset weakness in petrochemicals (petchem) and a lower tax rate benefit for the retail and telecom businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries (RIL), the oil-to-telecom behemoth, on Friday hit another milestone as the market capitalisation (m-cap) of the company breached the coveted Rs 9 trillion-mark, the first by any Indian company. The stock hit a high of Rs 1,428 during the session. At close, shares of the company stood at Rs 1,415.30 apiece on the BSE, up 1.37 per cent. The m-cap stood at Rs 8,97,179.47 crore. The Mukesh Ambani-led company is slated to release its September quarter results later in the day where it is expected to report a strong quarter for the July-September period. Analysts expect refining to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-296941","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=296941"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/296941\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=296941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=296941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=296941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}