RIL mcap touches Rs 6 lakh crore-mark, becomes first company to do so

New Delhi: Market valuation of Reliance Industries Ltd crossed the Rs 6 lakh crore mark at the close of trade on Wednesday, becoming the first company to reach this milestone.

RIL commanded a market capitalisation (m-cap) of Rs 6,03,097.82 crore or about USD 93 billion when the stock market closed.

Shares of the company ended 1.22 per cent higher at Rs 952.30 on BSE. During the day, they had jumped 1.76 per cent to Rs 957.40.

On NSE, the company's stock rose by 1.24 per cent to close at Rs 952.55.

RIL's market valuation had on October 24 crossed the Rs 6-lakh crore mark for a brief period on the NSE.

In terms of equity volume on Wednesday, 4.56 lakh shares of the company were traded on BSE and over 80 lakh shares changed hands at NSE during the day.

RIL is the country's most valued firm followed by TCS (Rs 4,98,193.35 crore), HDFC Bank (Rs 4,70,765.09 crore), ITC (Rs 3,28,592.95 crore) and HDFC (Rs 2,79,356.92 crore) in the top five list.