RIL m-cap gets nearer to Rupees 6L crore

RIL m-cap gets nearer to Rupees 6L crore
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Reliance Industries Ltd’s (RIL) market valuation is fast inching closer to Rs6-lakh crore mark, buoyed by a rally in its share price. At the close of trade on Monday, the company’s market capitalisation (m-cap) stood at Rs5,94,078.91 crore, which is just Rs5,921.09 crore less than Rs6 lakh crore mark.

New Delhi : Reliance Industries Ltd’s (RIL) market valuation is fast inching closer to Rs6-lakh crore mark, buoyed by a rally in its share price. At the close of trade on Monday, the company’s market capitalisation (m-cap) stood at Rs5,94,078.91 crore, which is just Rs5,921.09 crore less than Rs6 lakh crore mark.

The company’s market valuation surged by Rs17,595.91 crore to Rs5,94,078.91 crore. Shares of the company rose by 3.05 per cent to close at Rs938.10 on the BSE. During the day, it jumped 3.63 per cent to Rs 943.45 -- its 52-week high.

On the NSE, shares of the company gained 3.28 per cent to end at Rs939.75. In terms of equity volume, 5.40 lakh shares of the company were traded on BSE and over one crore shares changed hands on NSE during the day.

RIL is the country’s most valued firm followed by TCS (Rs 4,95,025.20 crore), HDFC Bank (Rs 4,81,308.13 crore), ITC (Rs 3,24,998.77 crore) and HDFC (Rs 2,74,499.86 crore) in the top five list.

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