February 13, 2024Anmol Nagpal

Reliance crosses Rs 20 lakh crore market cap mark

Shares of Reliance Industries Ltd (RIL) climbed nearly 2 per cent on Tuesday.

Source: RIL

The Mukesh Ambani-led firm became the first ever listed firm to cross the Rs 20 lakh crore market capitalisation mark.

Source: Reliance Industries Chairman Mukesh Ambani

RIL hit the 20 lakh crore mark, commanding a value of Rs 19,93,881.61 crore as the session progressed.

Source: Shutterstock

RIL shares gained 1.88 per cent to hit a high of Rs 2,957.80 on BSE.

Source: Pexels

Reliance Industries recently demerged its financial services arm, which was renamed as Jio Financial Services Ltd (JFS).

Source: X Photo

The demerged entity is listed on stock exchanges and commanded a market cap of Rs 1,70,331.55 crore at last count.

Source: Reuters Photo