By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Happen Recently
  • Home
  • Business
  • Startup
  • MSME
  • India
    • Politics
    • Sports
    • Entertainment
    • History
  • International
  • Magzine
Reading: Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore. How are its shares trading today?
Share
Aa
Aa
Happen Recently
  • Business
  • MSME
  • Startup
  • India
  • International
  • Get App
  • Magzine
  • Home
  • Business
  • Startup
  • MSME
  • India
    • Politics
    • Sports
    • Entertainment
    • History
  • International
  • Magzine
BusinessIndia

Mukesh Ambani-led Reliance Industries achieves market cap of ₹20 lakh crore. How are its shares trading today?

Team Happen Recently
Last updated: 2024/02/14 at 10:50 AM
Team Happen Recently
Share
2 Min Read
SHARE

Mukesh Ambani-led Reliance Industries Limited (RIL) became the first Indian company to achieve a market capitalisation of ₹20 lakh crore. The shares of the company had hit a 52-week high during intra-day trade at ₹2,957.80. On Wednesday, the shares were trading in the red at 2924.55 after opening at ₹2911.40.

The market valuation of the company surged to ₹20,01,279.72 crore during the intra-day session and at close, the market capitalisation stood at ₹19,81,635.72 crore.

On the NSE, shares of Reliance Industries rose nearly 1.89 per cent to reach a record high of ₹2,958 apiece — also its 52-week high level. Later, the blue-chip stock ended 0.74 per cent higher at ₹2,926.20 apiece.

In the past two weeks, the market value of RIL stock has gone up by nearly ₹1 lakh crore.

Reliance Industries continued to rule the chart in the ranking of top-10 most valued firms, followed by TCS, HDFC Bank, ICICI Bank, Infosys, Life Insurance Corporation of India, State Bank of India, Bharti Airtel, Hindustan Unilever and ITC.

Last month, shares of Reliance Industries were in heavy demand, climbing over 7 per cent, taking its market valuation crossing the ₹19.56 lakh crore mark.

In March 2022, the company’s market valuation had gone past the ₹18 lakh crore mark.

On Tuesday, the BSE Sensex surged 482.70 points to close at 71,555.19 points, while the broader NSE Nifty gained 127.20 points to end the day at 21,743.25 points.

Reliance Industries reported a 9 per cent rise in net profit at ₹17,265 crore in the three months ended December 2023.

For more information visit at https://happenrecently.com/zepto/?amp=1

You Might Also Like

Myntra: Revolutionizing Fashion E-Commerce in India

Lenskart: Revolutionizing Eyewear in India

Furnliv Redefines Indian Furniture Retail: Merging Global Design with Homegrown Manufacturing Excellence

Infosys CEO Salil Parekh’s Salary Rises to ₹80.6 Crore: What This Means for India’s Tech Sector

Gavi Infra Secures Key Wins in Smart City, Solar, and Power Infrastructure Projects Across India

TAGGED: Business, Economy, happenrecently, India

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Previous Article India is at risk of facing trade disputes if a permanent solution for its food security is not found
Next Article Will US inflation data impact stock market today?
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Happen Recently
Follow US

© 2023 Happen Recently. All Rights Reserved.

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?