Reliance Industries ltd (RIl) on Monday attained a market valuation of over Rs 5 lakh crore, becoming the second firm after TCS to achieve this milestone.
At close of the trade on Monday, the market capitalisation (m-cap) of RIl stood at Rs 5,04,458.09 crore, making it the most valued company in the country.
Shares of the company rose by 1.33 per cent to settle at Rs 1,551.35 on BSE. During the day, it gained 1.81 per cent to Rs 1,558.80 -- its multi-year high level.
At NSE, shares of the company went up by 1.1 per cent to close at Rs 1,551.75.
The company’s market valuation advanced by Rs 6,672.09 crore to Rs 5,04,458.09 crore.