Reliance Share Price 📈💰: Record High Reached on Wednesday!
🗞️ In a positive turn of events, the share price of Reliance Industries, the country’s largest company in terms of market capitalization, reached a record high during intraday trading on Wednesday. Under the leadership of Mukesh Ambani, the Reliance Group’s market capitalization has surpassed ₹20 lakh crore, as the company’s shares have reached new heights. Reliance Industries holds the largest stake in the group, with a market capitalization of around ₹18 lakh crore, representing nearly 90% of the group’s total market capitalization.
📈🔥 At the end of Wednesday’s trading session, Reliance Industries’ shares closed at ₹2,655, showing a surge of ₹74. The shares are currently trading at ₹2,702.70, with a gain of 1.98%. This remarkable growth has contributed to the company’s market capitalization.
💼💵 Let’s take a look at the market capitalization of various companies under the Reliance Group:
1️⃣ Reliance Industries ★₹17.93 lakh crore
2️⃣ Jio Financial Services ★₹1.53 lakh crore
3️⃣ Network18 ★₹12,500 crore
4️⃣ TV18 Broadcast ★₹11,040 crore
5️⃣ SW Solar ★₹10,386 crore
6️⃣ Alok Industries ★₹18,619 crore
📊💰 Reliance Group’s Company-wise Market Capitalization:
1️⃣ Just Dial ★₹7,141 crore
2️⃣ Hathway Cable and Datacom ★₹4,407 crore
3️⃣ DEN Networks ★₹3,123 crore
4️⃣ Reliance Industrial Infra ★₹2,136 crore
5️⃣ Hathway Bhawani Cabletel ★₹16.95 crore
📈📅 Annual Positive Returns for the Past 12 Years:
Reliance shares have consistently provided positive returns over the past 12 years, with only one exception in 2014 when the shares experienced a 0.5% decline. Last year, the shares witnessed a 10% surge, reaching new heights in 2023.
This news about Reliance Industries’ share price reaching a record high has certainly caught the attention of investors and market enthusiasts. With consistent growth and positive returns, Reliance Industries continues to dominate the market and solidify its position as a major player in the Indian business landscape. 📊🚀
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
