{"id":358747,"date":"2020-06-23T10:08:40","date_gmt":"2020-06-23T04:38:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358747"},"modified":"2020-06-23T10:26:22","modified_gmt":"2020-06-23T04:56:22","slug":"reliance-industries-becomes-first-indian-firm-to-hit-150-bn-market-cap","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-becomes-first-indian-firm-to-hit-150-bn-market-cap\/","title":{"rendered":"Reliance Industries becomes first Indian firm to hit $150 bn market cap"},"content":{"rendered":"<p>Reliance Industries on Monday became the first Indian firm to hit a market valuation of  $150 billion, helped by a continuous rally in its share price. <\/p>\n<p>In morning trade, the company&#8217;s market valuation jumped Rs 28,248.97 crore to Rs 11,43,667 crore ($150 billion) on the BSE. <\/p>\n<p>The heavyweight stock surged 2.53 per cent to a record high of Rs 1,804.10 on the BSE. <\/p>\n<p>On the NSE, it rose by 2.54 per cent to an all-time high of Rs 1,804.20. <\/p>\n<p>Reliance Industries on Friday became the first Indian company to cross the Rs 11 trillion market valuation mark. <\/p>\n<p>Its market valuation crossed Rs 11 trillion in the previous session as its share price rallying over 6 per cent after chairman Mukesh Ambani announced that his oil-to-telecom conglomerate had become net debt-free.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries on Monday became the first Indian firm to hit a market valuation of $150 billion, helped by a continuous rally in its share price. In morning trade, the company&#8217;s market valuation jumped Rs 28,248.97 crore to Rs 11,43,667 crore ($150 billion) on the BSE. The heavyweight stock surged 2.53 per cent to a record high of Rs 1,804.10 on the BSE. On the NSE, it rose by 2.54 per cent to an all-time high of Rs 1,804.20. Reliance Industries on Friday became the first Indian company to cross the Rs 11 trillion market valuation mark. Its market valuation [&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-358747","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\/358747","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=358747"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358747\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}