RIL reaches $150 billion market valuation mark

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The Reliance Industries Limited (RIL) has reached $150-billion mark in term of market capitalisation. Hence, the Mukesh Ambani-helmed RIL has become India’s first $150-billion company in terms of market capitalisation. RIL achieved this milestone when its share price had gained 6.23% to close at Rs 1,759, taking market its capitalisation to Rs 11.15 lakh crore i.e. around $150 billion.

With this achievement, the market capitalisation of Reliance Industries Limited is more than that of Total SA, Royal Dutch Shell and BP among the top global energy players.

Author: sarkarimirror