India Watch Daily
Buisness

The first Indian company to have a market valuation of Rs 20 lakh crore is Reliance Industries Ltd

<p>On Tuesday, Reliance Industries Ltd (RIL) attained a market capitalization of Rs 20 lakh crore, making it the first Indian business to do so. Amid solid optimism in the overall market, shares of the Mukesh Ambani-backed company also reached 52-week highs during intraday trading.</p>
<p><img decoding=”async” class=”alignnone wp-image-406605″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-the-first-indian-company-to-have-a-market-valuation-of-rs-20-lakh-crore-is-relianc.jpg” alt=”theindiaprint.com the first indian company to have a market valuation of rs 20 lakh crore is relianc” width=”1073″ height=”713″ title=”The first Indian company to have a market valuation of Rs 20 lakh crore is Reliance Industries Ltd 6″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-the-first-indian-company-to-have-a-market-valuation-of-rs-20-lakh-crore-is-relianc.jpg 700w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-the-first-indian-company-to-have-a-market-valuation-of-rs-20-lakh-crore-is-relianc-150×100.jpg 150w” sizes=”(max-width: 1073px) 100vw, 1073px” /></p>
<p>Reliance Industries shares surged 1.88% to reach a record high of Rs 2,957.80 each before closing at Rs 2,928.95 on the BSE.</p>

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