Mumbai: In a historic feat, Reliance Industries (RIL) obtained a market value of Rs 15 lakh crore as the first domestic company on Friday.
Following a massive surge in its share price, the market capitalisation of the Reliance industries reached Rs.15, 14, 017.5 crores on the Bombay Stock Exchange trade charts.
The heavyweight stock’s share p
rice rose 4.12 per cent from its earlier price and reached Rs. 2,394.40 on Friday. This made the Mukesh Ambani-owned company the biggest gainer in Sensex.
The stock market also saw a sharp rally in the BSE 30-share benchmark index thanks to the surge in marketing capitalisation value of Reliance Industries Pvt Ltd.
The BSE-30 share benchmark index closed above the 58,000-mark for the first time. According to some analysts, the Reliance industries have gained over 20 per cent this year.
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