Question

    Reliance Industries Limited market capitalisation hits

    Rs 5 lakh crore mark for the first time in its trading history and RIL is the second firm to cross this mark, which of the following firm is the first to cross Rs 5 lakh crore? 
    A TCS Correct Answer Incorrect Answer
    B WIPRO Correct Answer Incorrect Answer
    C Infosys Correct Answer Incorrect Answer
    D IOC Correct Answer Incorrect Answer

    Solution

    Mukesh Ambani led Reliance Industries Limited for the first time in its trading history has crossed Rs 5 lakh crore in market capitalisation. The market cap of RIL stood at Rs 5,04,458.09 on BSE. RIL is second firm to cross Rs 5 lakh crore in market capitalisation. It is also RIL’s highest market cap in its lifetime and also currently it is the most valued company on the bourses. Tata Consultancy Services was the first to hit Rs 5 lakh crore market capitalisation milestone in July 2014.

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