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RIL 2nd firm to cross Rs 5 lakh cr in mcap after TCS

Press Trust of India  |  New Delhi 

Industries Ltd (RIL) today attained a market valuation of over Rs 5 lakh crore, becoming the second firm after to achieve this milestone.

At close of the trade today, the market capitalisation (m-cap) of stood at Rs 5,04,458.09 crore, making it the most valued company in the country.

of the company rose by 1.33 per cent to settle at Rs 1,551.35 on During the day, it gained 1.81 per cent to Rs 1,558.80 -- its multi-year high level.

At NSE, of the company went up by 1.1 per cent to close at Rs 1,551.75.

The company's market valuation advanced by Rs 6,672.09 crore to Rs 5,04,458.09 crore.

On the volume front, 2.47 lakh of the company were traded on BSE, and over 42 lakh shares changed hands at during the day.

Shares of have surged over 43 per cent so far this year.

had attained a market valuation of over Rs 5 lakh crore for the first time in 2014.

is the country's most valued company with a market valuation of Rs 5,04,458.09 crore, followed by (Rs 4,58,605.88 crore), HDFC Bank (Rs 4,33,133.08 crore), ITC (Rs 3,96,171.25 crore) and HDFC (Rs 2,63,114.16 crore).

RIL had earlier this month toppled TCS to become the country's most valued firm in terms of mcap.

The m-cap figures change daily with the stock price movement.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 17 2017. 17:28 IST