RIL crosses Rs 11.5 lakh cr m-cap mark, the first domestic company to achieve the landmark
2020-07-07
Reliance Industries is the first domestic company to cross the market valuation of Rs 11.5 lakh crore mark. The stock jumped 3.57% and closed at Rs 1,851.40 on the BSE. During the day, it rose by 3.94% to a record high of Rs 1,858.
On the NSE, it gained 3.75% to settle at Rs 1,855.
The market value of the company rose by Rs 40,508.8 crore to Rs 11,73,677.35 crore by the end of the trade on BSE.
In terms of volume, 9.49 lakh shares of the company were traded on the BSE and over 2 crore on the NSE.
This gain of Reliance Industries also helped BSE 30-share index higher by 465.86 points, or 1.29%, to close at 36,487.28.
Reliance Industries, last month became the first Indian company to cross the Rs 11 lakh crore market valuation mark.
Shares of Reliance Industries on Friday rose by nearly 2% after announcement that Intel Capital will buy 0.39% stake in Jio Platforms.
The stock has gained over 22% this year so far.
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