Reliance Industries Hits New Milestone as Market Value Surpasses Rs 19 Lakh Crore

Conglomerate behemoth Reliance Industries achieved a new landmark as its market capitalization crossed the Rs 19 lakh crore mark for the first time ever.

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Reliance Industries Hits New Milestone as Market Value Surpasses Rs 19 Lakh Crore

Conglomerate behemoth Reliance Industries achieved a new landmark as its market capitalization crossed the Rs 19 lakh crore mark for the first time ever.

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This came on the back of the company’s stock hitting yet another record high during Monday’s trading session.

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Shares of RIL gained over 3.5% to close at Rs 2,798 apiece on the NSE, taking the company’s market value to Rs 19.18 lakh crore.

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The latest surge was driven by continued optimism around the company’s robust performance and promising growth outlook across businesses.

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In its recent December quarter earnings, Reliance reported record profits and margins for its oil-to-chemicals division.

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By achieving the milestone market valuation, Reliance has underscored its position as India’s largest listed company.

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