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?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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