RIL market cap crosses Rs 12 trn, firm valued at $163 bn in dollars

This was following a sharp rally in fully- as well as partly-paid up shares of the firm

Reliance Industries’ (RIL’s) market capitalisation (market cap, or m-cap) on Monday breached the Rs 12-trillion mark. In dollar terms, the company is valued at over $163 billion. 

This is following a sharp rally in both fully and partly paid-up shares of the company. 

The fully paid shares gained 3.75 per cent to end at Rs 1,855 on the NSE, providing a market cap of Rs 11.76 trillion ($157.7 billion). Meanwhile, the partly paid shares soared 8.6 per cent to end at Rs 957, providing a market cap of another Rs 40,442 crore ($5.4 billion). 

About a month ago, RIL’s market cap stood at Rs 10 trillion.