RIL market cap crosses Rs 3 trillion mark

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Mumbai, Sep 19 (UNI) Mukesh Ambani-led Reliance Industries, the country's most valued firm, today achieved another milestone when it became the first company to attain a market capitalisation of Rs 3 trillion as its share price surged 5.6 per cent today.

Shares of RIL rose Rs 114.50 to touch an all-time high of Rs 2,185 before ending the day at Rs 2,172.90. The company's market cap stood at nearly Rs 3,02,800 crore at the end of today's trading.

Besides RIL, a number of other blue-chip stocks recorded strong gains, pushing the benchmark Sensex to a new peak above the 16,000-level.

ONGC, the second most valued firm, soared by nearly six per cent, attaining a market cap of Rs 1,92,820 crore.

Bharti Airtel's market cap soared to Rs 1,68,200 crore following a 6.5 per cent rise in its share price. The company ranks third in terms of market capitalisation.

NTPC, the fourth in market value ranking, had a market cap of Rs 1,56,250 crore, while real estate giant DLF became the fifth largest in terms of market cap. DLF's market cap stood at about Rs 1,21,600 crore, followed by Anil Ambani group's Reliance Communications at Rs 1,15,300 crore.


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