Reliance Industries Shares Hit All-Time High, Mcap Surges
By Rediff Money Desk, NEWDELHI Feb 02, 2024 17:44
Reliance Industries shares surged over 2% on Friday, reaching an all-time high and boosting its market capitalization by Rs 41,860.54 crore. The company's stock is now within striking distance of the Rs 20 lakh crore mark.
![Reliance Industries Shares Hit All-Time High, Mcap Surges](https://im.rediff.com/news/2024/jun/03bse.jpg)
Photograph: ANI Photo
New Delhi, Feb 2 (PTI) Shares of Reliance Industries were in heavy demand on Friday, climbing over 2 per cent, adding Rs 41,860.54 crore to its market valuation.
The stock of the country's most valued firm went up 2.18 per cent to settle at Rs 2,914.75 on the BSE.
During the day, shares of the company jumped 3.40 per cent to hit its all-time high of Rs 2,949.90.
At the NSE, it climbed 2 per cent to Rs 2,913.
The company's market valuation jumped Rs 41,860.54 crore to Rs 19,72,028.45 crore. With this, the company has come within the striking distance of reaching the Rs 20 lakh crore-mark in market capitalisation (mcap).
Rally in the stock was instrumental in markets recovery on Friday.
The 30-share BSE Sensex climbed 440.33 points, or 0.61 per cent, to settle at 72,085.63. The Nifty went up 156.35 points, or 0.72 per cent, to 21,853.80.
In traded volume terms, 6.54 lakh shares of the company were traded at the BSE, and over 98.26 lakh shares at the NSE during the day.
So far this year, the stock has jumped 12.76 per cent.
The stock of the country's most valued firm went up 2.18 per cent to settle at Rs 2,914.75 on the BSE.
During the day, shares of the company jumped 3.40 per cent to hit its all-time high of Rs 2,949.90.
At the NSE, it climbed 2 per cent to Rs 2,913.
The company's market valuation jumped Rs 41,860.54 crore to Rs 19,72,028.45 crore. With this, the company has come within the striking distance of reaching the Rs 20 lakh crore-mark in market capitalisation (mcap).
Rally in the stock was instrumental in markets recovery on Friday.
The 30-share BSE Sensex climbed 440.33 points, or 0.61 per cent, to settle at 72,085.63. The Nifty went up 156.35 points, or 0.72 per cent, to 21,853.80.
In traded volume terms, 6.54 lakh shares of the company were traded at the BSE, and over 98.26 lakh shares at the NSE during the day.
So far this year, the stock has jumped 12.76 per cent.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...