RIL shares rally 2%, m-cap crosses over ₹18 lakh cr. Details here
Premium- RIL shares finished at ₹2673 apiece up by ₹50.85 or 1.94% on BSE. The shares have touched an intraday high of ₹2688 apiece. Overall, in a day, the shares climbed around 2.5%.
Mukesh Ambani-led Reliance Industries (RIL) shares rallied on Wednesday with a market cap crossing more than ₹18 lakh crore. RIL is the largest company on stock exchanges in terms of market valuation.
RIL shares finished at ₹2673 apiece up by ₹50.85 or 1.94% on BSE. The shares have touched an intraday high of ₹2688 apiece. Overall, in a day, the shares climbed around 2.5%.
At the closing price, RIL's market cap stood at ₹18,08,251.41 crore.
Riding on RIL's stellar performance on stock exchanges. The company's chief Mukesh Ambani recorded a strong uptick in his net worth.
As of March 30, 2022, as per Bloomberg Billionaire Index, Ambani's net worth stands at $ 98.2 billion ahead of Adani Group founder Gautam Adani who is at 11th rank on the index with a net worth of $96.9 billion.
Ambani held the 10th spot in the billionaire index. His net worth rose by $ 672 million in the last change, while year-to-date his wealth has jumped by $8.27 billion.
RIL has been on news today as the company is expected to set a record price of about $10 per MMBtu for the KG gas.
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Two sources aware of the matter said, difficult fields like the ones in Reliance and its partner bp plc operated D6 block in KG basin, are likely to get $9.9-10.1 price compared to the current rate of $6.13, reported in PTI.
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