{"id":298830,"date":"2019-10-31T11:48:20","date_gmt":"2019-10-31T06:18:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298830"},"modified":"2019-10-31T11:58:26","modified_gmt":"2019-10-31T06:28:26","slug":"at-131-63-bn-ril-overtakes-bp-plc-in-market-capitalisation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/at-131-63-bn-ril-overtakes-bp-plc-in-market-capitalisation\/","title":{"rendered":"At $131.63 bn, RIL overtakes BP Plc in market capitalisation"},"content":{"rendered":"<p>Reliance Industries on Wednesday overtook BP Plc in terms of market capitalisation. RIL&#8217;s market-cap currently stands at $131.635 billion against BP&#8217;s $129.9 billion. While RIL&#8217;s market-cap has climbed from $80.245 billion at the end of 2018, BP&#8217;s has only moved up marginally from $127.054 billion. <\/p>\n<p>The share price of Mukesh Ambani-controlled Reliance Industries hit a year-high of \u20b91,480 on the NSE on Wednesday and is hovering around \u20b91,471.90. In early trade on the London Stock Exchange, the BP stock climbed 0.69 per cent to \u00a3495.95. <\/p>\n<p>It must, however, be noted that the two stocks are not strictly comparable, as Reliance is a more diversified player with retail and telecom verticals, while BP remains a pure-play energy company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries on Wednesday overtook BP Plc in terms of market capitalisation. RIL&#8217;s market-cap currently stands at $131.635 billion against BP&#8217;s $129.9 billion. While RIL&#8217;s market-cap has climbed from $80.245 billion at the end of 2018, BP&#8217;s has only moved up marginally from $127.054 billion. The share price of Mukesh Ambani-controlled Reliance Industries hit a year-high of \u20b91,480 on the NSE on Wednesday and is hovering around \u20b91,471.90. In early trade on the London Stock Exchange, the BP stock climbed 0.69 per cent to \u00a3495.95. It must, however, be noted that the two stocks are not strictly comparable, as Reliance [&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":[130],"tags":[],"class_list":["post-298830","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298830","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=298830"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298830\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}