{"id":364598,"date":"2020-07-25T10:20:53","date_gmt":"2020-07-25T04:50:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=364598"},"modified":"2020-07-25T10:33:41","modified_gmt":"2020-07-25T05:03:41","slug":"reliance-industries-market-cap-nears-200-bn-mark-as-shares-surge-4-4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-market-cap-nears-200-bn-mark-as-shares-surge-4-4\/","title":{"rendered":"Reliance Industries&#8217; market cap nears $200 bn-mark as shares surge 4.4%"},"content":{"rendered":"<p>The market value of Reliance Industries is fast approaching the $200-billion mark. Gaining for the sixth day, shares of RIL surged 4.4 per cent to end at Rs 2,148. The partly-paid (PP) shares soared nearly 9 per cent to Rs 1,285. After factoring-in the value of PP shares, the total market cap of the currently stands at Rs 14.16 trillion, or $189.2 billion (Re-$ conversion rate of 74.83). The Mukesh Ambani-led firm is only 5.4 per cent away from becoming first Indian company to top the $200-billion market cap mark. <\/p>\n<p>At present, RIL is world\u2019s 46th most valuable company. The company\u2019s market cap has also pipped that of US-based ExxonMobil, which was once the world\u2019s most valuable company. Currently, the energy giant has a market cap of $186 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market value of Reliance Industries is fast approaching the $200-billion mark. Gaining for the sixth day, shares of RIL surged 4.4 per cent to end at Rs 2,148. The partly-paid (PP) shares soared nearly 9 per cent to Rs 1,285. After factoring-in the value of PP shares, the total market cap of the currently stands at Rs 14.16 trillion, or $189.2 billion (Re-$ conversion rate of 74.83). The Mukesh Ambani-led firm is only 5.4 per cent away from becoming first Indian company to top the $200-billion market cap mark. At present, RIL is world\u2019s 46th most valuable company. The [&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-364598","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\/364598","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=364598"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364598\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=364598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=364598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=364598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}