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Reliance Creates History, Becomes First Indian Company to Hit Rs 9 Lakh Crore M-cap Mark

During late morning trade on BSE, the company's market capitalisation (m-cap) was Rs 9,01,490.09 crore. The scrip of the country's most-valued company was trading in the green, up 2.28 per cent to a record Rs 1,428, ahead of its earnings announcement later in the day

PTI

Updated:October 18, 2019, 8:23 PM IST
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Addressing the Reliance Family Day event, Mukesh Ambani, Chairman, Reliance Industries Limited said the company owed all its progress to its founder Dhirubhai Ambani.
File photo of Mukesh Ambani. (Photo: RIL)

New Delhi: Reliance Industries (RIL) on Friday added another feather to its cap by becoming the first Indian firm to hit the Rs 9 lakh crore market valuation mark.

During late morning trade on BSE, the company's market capitalisation (m-cap) was Rs 9,01,490.09 crore. The scrip of the country's most-valued company was trading in the green, up 2.28 per cent to a record Rs 1,428, ahead of its earnings announcement later in the day.

In August 2018, RIL became the first domestic firm to cross the Rs 8 lakh crore mark in terms of market valuation. The m-cap figure of companies changes daily with stock price movement.

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