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Reliance Industries added Rs 43,976.96 crore to its market valuation at Rs 20,20,470.88 crore. On Friday, shares of the oil-to-telecom conglomerate hit a fresh 52-week high of Rs 2,996.15 apiece. ....
Shares of the conglomerate that has interests in oil exploration to organised retail and telecom rose almost 2 per cent to hit a 52-week high of Rs 2,957.80 in intra-day trades which resulted in its market cap rising to Rs 20,01,279.72 crore ....
The consumer business again led the show at RIL as revenues in Reliance Retail Ventures Ltd (RRVL) jumped nearly 23 per cent over the previous year, while Jio Platforms Ltd (JPL), which houses its digital services, saw the topline rising 11 per cent ....
Brokerages estimate that while the group's oil-to-chemical business could display a muted performance, it could be cushioned by the digital and retail businesses ....