Shares of Reliance Industries hit Mcap of Rs10 lakh cr on Thursday’s trade. The company has become the first Indian company to hit Rs10 lakh cr and also the most valued company in terms of Mcap.
The stock is trading at a 52-week high at Rs1,581.25 on the BSE. The stock returned 41% so far this year and 37.1% in the past 12-months.
The company has hit a market-cap past the Rs9.5 lakh cr mark - the first by an Indian company on November 19, 2019.
In October, the stock had crossed the Rs9 lakh cr m-cap mark, it was also the first Indian company to hit the milestone.
The stock is among top contributors on the Sensex pack in the morning trade.
Reliance Industries Ltd is currently trading at Rs1,578.30 up by Rs8.55 or 0.54% from its previous closing of Rs1,569.75 on the BSE.
The scrip opened at Rs1,572.50 and has touched a high and low of Rs1,581.25 and Rs1,564.40 respectively.
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