Reliance Industry made history, becoming the country's first nine million crore company

-

Mumbai, Ta. 18 October 2019, Friday

Reliance Industries has become the first company in the country with a capital of Rs 9 lakh crore. Shares of the company rose 1.7% to Rs 9.01 lakh crore on Friday.

Last year, Reliance became the highest-grossing company, leaving the state-run Indian Oil Corporation behind. Spread across various sectors like petroleum to retail and telecom, Reliance Industries has a total turnover of Rs 6.23 lakh crore in FY 2018-19. So IOAC has a consolidated turnover of Rs 6.17 lakh crore in the financial year ended March 31, 2019.

Reliance Industries has become the first company in the country with a capital of Rs 9 lakh crore. Shares of the company rose 1.7% to Rs 9.01 lakh crore on Friday.

Last year, Reliance became the highest-grossing company, leaving the state-run Indian Oil Corporation behind. Spread across various sectors like petroleum to retail and telecom, Reliance Industries has a total turnover of Rs 6.23 lakh crore in FY 2018-19. So IOAC has a consolidated turnover of Rs 6.17 lakh crore in the financial year ended March 31, 2019. RIL is also the largest profit-making company in the country, earning twice as much profit from IOC.

The market cap of the company has grown sharply following the rise in Reliance stock. Now, Reliance's market cap for 6 government companies has gone well. SBI has a market cap of 2.4 lakh crore. ONGC has 1.8 lakh crore, IOC 1.4 lakh crore, NTPC 1.2 lakh crore, 1 lakh crore power grid and 1.1 lakh crore BPCL. The market cap of all these government companies together is lower than that of Reliance Industry.

Comments

Post a Comment

Popular posts from this blog

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

A new elan in the world of smuggling - Go Digital!

-
Image
- Smile Index - Vanity - We have to change with the times, our grandfathers brought clocks and tape recorders, fathers are in gold, the new generation will do with laptops. There was a message in the WhatsApp group of smugglers: Everyone is going to zoom at exactly three o'clock in the night. A smuggler hit back. I am currently in Gujarat, it is not possible to zoom properly here. ' Another smuggler joked.' Lya, we and the law?' Pella replied, 'Brother, everything is available in government law, but now there is no supply in excess of hearing.' The third wrote, 'Consignments used to arrive in ships at three-three-four-four in the night have all become the era of 70s movies. Now it is the world of landing on a clear day with a gold capsule on the belt. So why the meeting at 3 o'clock in the night?' The admin's message came, 'Now we have to go back to the days of ships. Bringing in a large flight will not work. More details at the meeti
Read more

Detailed information about the descalant sulfamic acid

-
Image
- Industrial guidance-long description Boiler scale: When hard water is heated or evaporated inside the boiler walls and tubes, the calcium carbonate, calcium sulfate or other minerals in the hard water are deposited on the boiler walls or tubes after the water is evaporated. If this boiler scale is not removed from the boiler, the life of the boiler ends. That is why soft water is used in most boilers. (treated to remove calcium and magnesium ions before use). Hard water: Hard rock type soils will rot over a long period of time if the water does not contain low percentages of calcium, magnesium carbonate, bicarbonate sulfate or chloride. Degree of Hardness: Grains per gallon or parts per million (ppm) of calcium to measure water hardness. (1 grain of cac03 per gallon is equal to - 17-1 ppm) Up to 5 grains is considered soft water. More than 30, grains is very hard water. The impurity shown above can produce boiler scale. Also can make metal coossive. The temporary hardness can b
Read more