Rilm Cap News Today

Chipmaker Nvidia is the worlds fourth largest stock and Wall Streets third after Microsoft ($3 trillion) and Apple ($2.8 trillion). Saudi Aramco is worth about $2 trillion. Nvidia soared more than 16% overnight and added $277 billion to its m-cap in just one day. In dollar terms, Reliance Industries is just about $243 billion.

Reliance Industries (RIL) becomes the first listed Indian entity to cross Rs 20 lakh crore market cap milestone. Analysts from Morgan Stanley, Jefferies, Sharekhan, and Citi have provided target prices and assessments of RILs future prospects. RILs market value has increased by Rs 1 lakh crore in the last two weeks alone.

TCS ended 4% higher on Tuesday as its market value crossed the Rs 15 lakh crore milestone for the first time. Both Tata Motors as well as Tata Steel are near their 52-week peaks, while another Nifty stock Titan is up 23% in 6 months.

D-Street analysts expect 2024 to be an eventful year for Reliance Industries as the past two years of investments move into the monetization phase. "We think investment cycles will be shorter than in the past 2 decades, with limited impact on balance sheet leverage," global brokerage Morgan Stanley said.

Reliance Industries (RIL) stock rallied 7% to a lifetime high of Rs 2,905, increasing its market capitalization by Rs 1.2 lakh crore. This was the stocks single largest gain in the last three years. CA Rudramurthy BV of Vachana Investments believes that if RIL sustains above Rs 2,800, it could reach Rs 3,000. For RILs market value to double by 2027, as promised by RIL chairman Mukesh Ambani in 2022 AGM, the listing of Reliance Jio and Reliance Retail is crucial. Investors also anticipate a 20% h...

Top gainers and losers in BT500 list: Firms from the defence, railways, metals, renewables, and PSU sectors are in black. However, oil & gas and pharma sectors are stll low

While retaining its bullish view on Reliance Industries (RIL), global brokerage firm Morgan Stanley believes that the energy-to-telecom behemoth is on a path toward an over $20 billion EBITDA run rate inflection with five-pronged support.

The stock of the countrys most valued firm by market valuation jumped 1.04% to ₹2,504.10 in early trade on the BSE. But, later the stock gave up all its early gains and settled at ₹2,377.55, lower by 4.06%.

Mukesh Ambani seems to be following the US-based Walton family's succession model for India's biggest business empire: keep family central but delegate management control.

HDFC Banks valuation came down by ₹54,843.3 crore to ₹8,76,528.42 crore and Tata Consultancy Services (TCS) saw an erosion of ₹37,452.9 crore