Mukesh Ambani led Reliance Industries has reached the 49th rank globally by market capitalization
FinTech BizNews Service
Mumbai, February 13, 2024: Reliance Industries Limited (RIL), is now among the Top-50 companies globally by market capitalization. Mukesh D. Ambani led Reliance Industries has reached at 49th rank globally by market capitalization today. With JFSL, RIL would be at 43rd rank globally by market cap.
Reliance Industries Limited (RIL), has become the first listed Indian company to have crossed Rs20 lakh crore (Rs 20 trillion - Tn) market capitalisation on Tuesday. Reliance Industries Limited (RIL), became the first listed Indian company to cross Rs20 lakh crore (Rs 20 trillion - Tn) market capitalization mark after the stock rallied to hit the 52 week-high on 13th Feb, 2024. Shares of Reliance Industries were trading at Rs2947.95 today before noon.
Reliance Industries’ Q3 Net Profit was Up 10.9% at Rs196.41 Bn for the quarter and nine months ended 31st December 2023. Its Profit after tax improved by 10.9% Y-o-Y at Rs 19,641 crore ($ 2.4 billion). Reliance is the largest private sector company from India to be featured in Fortune’s Global 500 list of 'World’s Largest Companies' for 2023. The company stands 45th in the Forbes Global 2000 rankings of 'World’s Largest Public Companies' for 2023, the highest among Indian companies. Reliance is the top-ranked Indian company and the only one in the top 100 on Forbes' 'World's Best Employers' 2023 list.
