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Reliance Industries became the first Indian company to hit $200 billion market cap on Thursday thanks to a spate of investments in its subsidiaries, which have pushed its share prices higher.
Shares of telecom-to-oil major jumped 3.32 per cent on BSE to a fresh record high of Rs 2,233.90. That means its market capitalization rose to a record Rs 14,14,764.90 crore or $192.85 billion.
The partly paid up shares of the company also spiked nearly 8 per cent to new record high of Rs 1,365, which translates into the m-cap of Rs 57,815.36 crore or US$7.82 billion.
https://telecom.economictimes.indiatimes.com
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