Reliance Industries becomes first Indian company to cross market valuation of Rs 9 lakh crore

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Highlights

  • In August 2018, RIL became the first home firm to ghastly the Rs 8 lakh crore impress in terms of market valuation
  • The m-cap resolve of companies adjustments day-to-day with stock trace motion

RIL is controlled by Mukesh Ambani (File photo)RIL is controlled by Mukesh Ambani (File photo)

NEW DELHI: Reliance Industries (RIL) on Friday added but any other feather to its cap by changing into the first Indian firm to hit the Rs 9 lakh crore market valuation impress.


At some level of late morning alternate on BSE, the firm’s market capitalisation (m-cap) became once Rs 9,01,490.09 crore.


The scrip of the nation’s most-valued firm became once trading in the inexperienced, up 2.28 per cent to a document Rs 1,428, sooner than its earnings announcement later in the day.


In August 2018, RIL, which is controlled by Asia’s richest person Mukesh Ambani, became the first home firm to ghastly the Rs 8 lakh crore impress in terms of market valuation.


The m-cap resolve of companies adjustments day-to-day with stock trace motion.


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