Reliance Industries market capitalization jumped to Rs 13.20 lakh crore on the BSE.
Shares of the nation’s most valued firm – Reliance Industries – rose as a lot as 5.65 per cent, its greatest single day achieve since March 3, 2021, to hit an intraday excessive of Rs 2,090 on the again of heavy buying and selling volumes. As many as 12.97 lakh Reliance Industries shares modified arms on the BSE in contrast with a median of three.92 lakh shares traded day by day prior to now two weeks, information from inventory alternate confirmed. (Track Reliance Industries share worth right here)
On the National Stock Exchange, Reliance Industries noticed over 1.5 crore shares change arms, NSE information confirmed.
With surge in Reliance Industries shares, its market capitalization jumped to Rs 13.20 lakh crore on the BSE.
Last month, billionaire Mukesh Ambani-promoted Reliance Industries mentioned that its revenue rose 108 per cent to Rs 13,227 crore in quarter ended March 2021 from Rs 6,348 crore throughout the corresponding interval a 12 months in the past. On a sequential foundation, Reliance Industries revenue rose 1 per cent from Rs 13,101 crore. Its income from operations rose 11 per cent to Rs 1.55 lakh crore. The oil-to-telecom large’s revenue for the monetary 12 months got here in at report Rs 53,739 crore with progress of 34.8 per cent.
Its retail arm – Reliance Retail’s web revenue for March quarter jumped 23 per cent to Rs 2,247 crore. The firm had 12,711 operational bodily shops and opened 826 shops throughout the quarter, Reliance Industries mentioned.
As of 12:57 pm, Reliance Industries shares traded 5.6 per cent larger at Rs 2,089, outperforming the Sensex which was up 0.53 per cent. Reliance Industries was prime contributor in the direction of achieve within the Sensex with a contribution of 322 factors.
