Reliance Industries surges to its 9-year high
DSIJ Intelligence / 07 Jul 2017
Reliance Industries has surged to its 9-years high in Friday’s trade. The stock’s market capitalisation has crossed the market capitalisation of TCS.
Reliance Industries has surged to its 9-years high in Friday’s trade. The stock’s market capitalisation has crossed the market capitalisation of TCS.
At Rs 1,497 per share, which is its 9-year high, the market capitalisation of Reliance stood at Rs 4,86,759 crore. As per the intraday high of Rs 2,356 per share, the market cap of TCS stood at Rs 4,51,006 crore.
Reliance Industries has pulled up the markets from their low level in the post-lunch hours on Friday. Nifty and Sensex turned positive in the afternoon hours. Reliance traded at its highest level since May 2, 2008 in Friday’s trade. Reliance was most active stock by value on NSE after CDSL on Friday.
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