Reliance Industries becomes the number 1 company in the country with a market cap of Rs 9.50 lakh crore.

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Mumbai, Ta. 19 November 2019, Tuesday

Reliance Industries Pune stock rose 3% on Tuesday to Rs 9.50 lakh crore. With this, Reliance has become the first company to achieve such a market cap.

Earlier, Reliance had reached Rs 9 lakh crore on October 18. In August last year, it reached Rs 8 lakh crore.

The Reliance Industries Company, headed by Mukesh Ambani, the richest man in the country, is leading the succession step by step. Reliance Industries today has a market cap of over Rs 9.50 lakh crore.


The record of such valuation is still in the name of Reliance. In August last year, Reliance surpassed the Rs 8 lakh crore mark. Even in January this year, Reliance became the country's first private company to make a quarterly profit of Rs 10,000 crore.

Another big company in the market cap is TCS. The value of TCS is Rs 7.81 lakh crore. Brokerage firm Bank of America Merrill Lynch released the report last month. Accordingly, with the help of new commerce and broad band business, Agami can reach Reliance Company's market cap of $ 200 billion in 24 months.

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