Reliance Industries Share has seen a rise for the third consecutive day and during this time the company’s stock has seen an increase of 5.4 per cent.
Shares of Reliance Industries closed with a gain of 3.50 per cent on Monday.
Reliance Industries News: The stock of the country’s largest company Reliance Industries has seen a gain of about 4 per cent on the BSE on Monday and till the close of the market, the company’s stock stood at Rs 2708.05 with a gain of 3.48 per cent. . After this boom, the company’s market cap ((Reliance Industries Market Cap) crossed Rs 18 lakh crore and an increase of Rs 61,500 crore was seen in the trading day.
By the way, Reliance’s stock has seen a rise for the third consecutive day and during this time the company’s stock has seen an increase of 5.4 percent. At present, the company’s stock is at a high after three months i.e. June 10, 2022. On April 29, the company’s stock was at a record high of Rs 2,855.
Reliance got a profit of Rs 61,500 crore
After an increase of about three and a half percent in the shares of Reliance, the market cap of the company has seen an increase of Rs 61,565 crore as compared to Friday. After the market closed, the market cap of the company has reached Rs 18,32,097.10 crore. While the market cap of the company was at Rs 17,70,532.20 crore on the last trading day of last week. By the way, there was a gain of Rs 13,192.48 crore in the company’s market cap last week.
Reliance Retail is entering the Artifacts segment
According to media reports, Reliance is planning to enter the business of retail artifacts. Its first artisan centric store ‘Swadesh’ will be opened in Connaught Place, Delhi. Entry into the gifting segment will bring a huge opportunity for Reliance, as this segment is largely unorganized, with only a few organized players having a pan India presence.
Market closed at record high
Whereas today the stock market closed at a record high with a gain of more than 200 points. The Bombay Stock Exchange’s major index Sensex closed at 62,504.80 points with a gain of 211.16 points. During the trading session, the Sensex reached an all-time high of 62,701.40. On the other hand, the National Stock Exchange’s major index Nifty closed at 18,562.75 points with a gain of 50 points.