In intra-day trading, Reliance Industries Limited has become the first Indian business to reach a market valuation of Rs 19 lakh crore.
On the BSE, the market heavyweight stock gained 1.85% to a new high of Rs 2,827.10 during the day. It ended the day unchanged at Rs 2,777.90, up 0.08 percent.
The company’s market capitalization surpassed Rs 18 lakh crore in March of this year. On October 13 of last year, the company’s market capitalization exceeded Rs 17 lakh crore.
In the morning session on the BSE, the company’s market capitalization surged to Rs 19,12,814 crore due to the increase in share price.
The market value was Rs 18,79,237.38 crore at the closing of the trade.