RIL m-cap gets nearer to Rs 6 lakh crore

New Delhi, October 23

Reliance Industries’ market valuation is fast inching closer to Rs 6-lakh crore mark, buoyed by a rally in its share price.

At the close of trade today, the company’s market capitalisation (m-cap) stood at Rs 5,94,078.91 crore, which is just Rs 5,921.09 crore less than Rs 6 lakh crore mark.

The company’s market valuation surged by Rs 17,595.91 crore to Rs 5,94,078.91 crore.

Shares of the company rose by 3.05% to close at Rs 938.10 on the BSE. During the day, it jumped 3.63% to Rs 943.45 — its 52-week high. — PTI