RIL’s market valuation crosses USD 200 billion; First Indian firm to do so

Continuing its rally, shares of Reliance Industries Ltd on Thursday closed over 7 per cent higher, helping its market valuation cross the USD 200 billion mark and become the first domestic firm to achieve the milestone.

During the day, its market valuation jumped to Rs 15,84,908 crore (USD 215.75 billion) on the BSE.

The stock of the country’s most valuable firm rose by 7.10 per cent to close at Rs 2,314.65 on the BSE. During the day, it jumped 8.45 per cent to a record high of Rs 2,343.90.

On the NSE, it gained 7.29 per cent to close at Rs 2,319 after hitting a lifetime high of Rs 2,344.95, up 8.49 per cent during the day.

In the previous session too, it had closed with nearly 3 per cent gain.