Mukesh Ambani may have slipped from eighth place to ninth on the list of top billionaires, but on the other hand, he has set a new record on Wednesday. Due to the strong rally in the shares of Reliance Industries Limited (RIL) on Wednesday, the company's market cap has increased beyond Rs 19 lakh crore. With this, the company has become the first Indian company to reach this level in terms of market cap.
Shares at an all-time high
RIL shares rose 1.85 percent to hit a record high of Rs 2,827.10 on the Bombay Stock Exchange (BSE) on Wednesday. After the rise in the share price, the market valuation of the company also increased to Rs 19,12,814 crore in morning trade on BSE. Significantly, in March last month, the market valuation of RIL had crossed Rs 18 lakh crore.
Ambani's net worth is $ 102 billion
If we look at the figures, where Gautam Adani has topped in terms of earnings, Mukesh Ambani has also earned a tremendous amount. Shares of RIL have gained over 19 percent so far this year. According to experts, Reliance Industries is performing well across all segments. Let us tell you that on Wednesday, Mukesh Ambani's net worth also reached $ 102 billion with an increase of $ 2.75 billion.
The big deal with Abu Dhabi company
A major agreement has been signed between Mukesh Ambani-led Reliance Industries and Abu Dhabi-based chemical company Taji. Abu Dhabi Chemicals Derivatives Company RSC Limited and RIL signed a formal shareholder agreement for the project of Ethylene Dichloride (EDC) and Polyvinyl Chloride (PVC). This shareholder agreement is worth $2 billion.
South superstar Thalapathy Vijay has turned 48 today. Vijay is a superstar in the South film indu
You must have seen cricketer Mahendra Singh Dhoni swinging the bat a lot on the cricket field. Wh
Royal Challengers Bangalore defeated Delhi Capitals by 47 runs in the 62nd match of IPL 2024 on S
Brij Bhushan Sharan Singh has spoken after the FIR was lodged against him. He has expressed full
RCB vs DC, WPL 2023. In the match played at DY Patil Stadium in Navi Mumbai on 13 March, Delhi Ca
Former Jharkhand CM Shibu Soren passed away on Monday morning. Shibu Soren breathed his last at S
Indonesia: Terrible explosion in Indonesia's Mount Semeru volcano, shadow smoke all around
Mount Semeru, the highest volcano in Indonesia, suddenly erupted on 4 December 2022. Due to the e
The country's eight major infrastructure sectors recorded a 12.7% increase in production in June.
Congress, AAP, or Owaisi Bhaijaan, on whose side will the Muslims of Gujarat go; BJP's plan too
In Gujarat, once again the opportunity has come to the people when they will elect the government
The stabbing incident that unfolded early Monday morning in the Mira Road area of Maharasht
