RIL m-cap inches closer to Rs10 lakh cr

New Delhi, November 20

The market valuation of Reliance Industries, the country’s most-valued firm, is fast nearing the Rs 10 lakh-crore mark helped by continuous rise in its share price.

At the close of trade on Wednesday, the company’s stock rose 2.47% to Rs 1,547.05 on the BSE. During the day, it jumped 4.10% to Rs 1,571.85 — its record high.

On the NSE, it climbed 2.56% to close at Rs 1,548.50.

The rally in the company’s scrip helped its market valuation or market capitalisation (m-cap) rise to Rs 9,80,699.59 crore. In terms of traded volume, 11.40 lakh shares of the company were traded on the BSE and 1.98 crore shares on the NSE. — PTI