Mukesh Ambani and his company Reliance Industries are continuously creating history. What is special is that the shares of Reliance Industries have seen a rise of over 8.50 percent in 4 days. The company’s stock has reached record highs. During the trading session on Friday, the market capitalization of Reliance Industries crossed Rs 21 lakh crore for the first time.
In about 4 business days, the market capitalization of the company has seen an increase of over Rs 1.66 lakh crore. If experts are to be believed, a rise in the company’s shares is seen on Friday after Jio increased the tariff. Let us also tell you what the Reliance Industries share numbers say in the stock market.
Company shares hit record high
Shares of the country’s largest company Reliance Industries hit a new 52-week high on Friday. The company’s stock touched Rs 3,129 during the trading session. Reliance shares witnessed a rise of 2.21 per cent i.e. around Rs 68 per share during the trading session. The company’s 52-week low is Rs 2,221.05, which was recorded on October 26. This means that in about 8 months the company’s stock has given investors a return of around 41 per cent. If experts are to be believed, further rises in Reliance Industries shares are possible in the coming days.
Increase of 8.50 percent in 4 days.
An increase of 8.50 percent has been seen in Reliance Industries stock in the last 4 days. On June 24, the company’s shares closed at Rs 2,883. It reached Rs 3,129 during the trading session on June 28. This means that an increase of Rs 246 has been seen in the company’s stock. Currently, i.e. at 1:15 p.m., the company’s shares are trading at Rs 3,118.10 with an increase of 1.86 percent i.e. Rs 57. However, a day ago the company’s shares had closed at Rs 3,061.10.
Market capitalisation exceeds Rs 21 lakh crore
On the other hand, Reliance Industries created another story. The market cap of the company crossed Rs 21 lakh crore during the trading session. When the shares of the company touched Rs 3,129, the market cap of the company touched Rs 19,52,345.41 crore. While at present the market cap of the company is trading at Rs 21,12,625.16 crore. However, in 4 days, the market cap of the company has seen an increase of more than Rs 1.66 lakh crore. As per the data, on June 24, the market cap of the company was Rs 19.52 lakh crore.
