RIL market cap at new all-time high of Rs 10.85 lakh crore

New Delhi: Reliance Industries Limiteds (RIL) market capitalisation hit a new all-time high on Thursday, touching Rs 10.85 lakh crore.

The RIL fully paid shares saw gains of 2.9 per cent on NSE to close at Rs 1662.9 with a market cap of Rs 10.54 lakh crores while the gains on the partly paid shares were much higher at 6.6 per cent to close at Rs 745 with a market cap of Rs 31,483 crore, making it a total of Rs 10.85 lakh crore.

The RIL scrip has given handsome returns in past almost two months after the announcement of the deal with Facebook. The Facebook deal was announced on April 22 and since then the stock price has gained 22.4 per cent with mcap increasing by Rs 2.24 lakh crore.

It has gained 13.4 per cent from April 30 when the FY20 results and rights Issue were announced with a market cap gain of Rs 1.56 lakh crore.