After jumping more than 10% already in new year 2024, Reliance Industries share price has shot up to hit an all time high mark on two back-to-back days, making India's most valuable company's market cap cross the Rs 19 lakh crore mark for the second time.
In April 2022, Reliance had become the first Indian company to hit the Rs 19 lakh crore mark, which has still not been breached by any other Indian company.
Mukesh Ambani led Reliance Industries' share price hit a record high on Monday and then again today morning (30th January, Tuesday), with its market capitalisation soaring above the Rs 19 lakh crore mark.?
Reliance Industries share price have hit an all time high of?Rs 2,905.4 on NSE and BSE both today.?With a market cap of Rs 19.7 lakh crore, Reliance Industries is the most valued company in the Indian stock market.
Also Read:?Mukesh Ambani?Replaces Gautam Adani As Richest Indian & Asian
Thanks to the already 12% jump this month, the rally in Reliance share price has made its chairman Mukesh Ambani richer by more than $11 billion this month till now, with more jump in his net worth expected if Reliance Industries' shares keep soaring this way.?
Currently India and Asia's richest person, Mukesh Ambani has a networth of $108 billion (as per Bloomberg billioniare index).
As per their market value as on 29th January, these are currently India's 10 most valuable companies (data on BSE):
1.Reliance industries- Rs 19.5 lakh crore
2.Tata Consultancy Services- Rs?13.9 lakh crore?
3.HDFC Bank -Rs 11 lakh crore
4.ICICI Bank-Rs 7.1 lakh crore?
5.Infosys-Rs 6.8 lakh crore
6.Bharti Airtel-Rs 6.53 lakh crore
7.Life Insurance Corporation of India-Rs 5.79 lakh crore?
8.Hindustan Unilever-Rs 5.7 lakh crore
9.ITC-Rs 5.61 lakh crore
10.State Bank of India-Rs 5.55 lakh crore
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