Reliance Industries regains ₹20 lakh crore market cap as shares rise nearly 2%
Mumbai: Shares of Reliance Industries Ltd (RIL) climbed nearly 2% on Thursday (June 26), helping the conglomerate reclaim a market valuation of over ₹20 lakh crore.
The stock closed at ₹1,495.20 on the BSE, up 1.90%, after touching an intraday high of ₹1,498.70, according to a CNBC report.
On the NSE, it settled at ₹1,495.30, also up 1.90%. The rally boosted RIL’s market capitalisation by ₹37,837.9 crore to ₹20,23,375.31 crore.
RIL had become the first Indian company to cross the ₹20 lakh crore milestone on February 13 last year. With this latest rally, it continues to hold the top spot in terms of market value among Indian firms.
It is followed by HDFC Bank (₹15,51,218.93 crore), Tata Consultancy Services (₹12,45,219.09 crore), Bharti Airtel (₹11,48,518.05 crore), and ICICI Bank (₹10,27,838.79 crore) rounding off the top five.
Overall market sentiment was buoyant as benchmark indices ended the day with strong gains. The BSE Sensex surged 1,000.36 points or 1.21% to 83,755.87, while the NSE Nifty rose 304.25 points or 1.21% to 25,549.
So far in 2025, Reliance shares have gained 23%, contributing significantly to the benchmark indices’ upward momentum.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
