Reliance Industries, owned by Mukesh Ambani, has become the largest wealth creator on Dalal Street with a market capitalization of Rs 20 lakh crore. It is bigger than American giants like McDonald s, PepsiCo, Netflix, and Accenture. RIL is also the only Indian company among the world s 50 most valuable companies and is also one of the top candidates to become India s first $1 trillion stock.
RIL shares surged 3.40% to a record high of Rs 2,949.90 against the previous close of Rs 2,852.70 on BSE. The stock fell to its 52-week low of Rs 2012.14 on March 20, 2023.
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Shares of Mukesh Ambani-led Reliance Industries Ltd (RIL) are trading at their record high. The RIL stock hit an all-time high of Rs 2658.95 on January 10, 2024 and fell to its 52-week low of Rs 2012.14 on March 20, 2023. RIL shares ended at Rs 2649.95 level, up 2.69% in the previous session on BSE. The stock saw high turnover of Rs 119.81 crore on BSE after 4.58 lakh shares changed hands on BSE. RIL stock has risen 12.24% in a year. It has seen low volatility in one year with a beta of 0.3.