Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Suella Braverman urges Rishi Sunak to 'change course' over Rwanda bill

    December 7, 2023

    Four to watch: Struggling rookie, two veteran skill players among keys

    December 7, 2023

    McDonald's to test new coffee shop-style stores

    December 7, 2023
    Facebook Twitter LinkedIn
    Trending
    • Suella Braverman urges Rishi Sunak to 'change course' over Rwanda bill
    • Four to watch: Struggling rookie, two veteran skill players among keys
    • McDonald's to test new coffee shop-style stores
    • Israel vowed to eliminate Hamas and its 25,000 fighters – can it be done?
    • World-first trial finds arthritis drug may help treat type 1 diabetes
    • Heavy rain set to hit many parts of UK – as Met Office issues warnings
    • US actors' union hails 'enormous victory' as it ratifies deal that ended strike
    • Fidel and Raul Castro's sister, who fled Cuba and worked with CIA, dies aged 90
    Facebook Twitter LinkedIn
    Business KhabarBusiness Khabar
    • World
    • Auto
    • Business
      • Industries
      • Opinion
    • Market
    • Money
      • Finance
      • Insurance
      • Investment
      • Schemes
    • Sports
    • Other
      • Stories
      • Career
      • Entrepreneurship
      • Property
    Business KhabarBusiness Khabar
    Home » Reliance Industries beats companies like PepsiCo and Pfizer
    Business

    Reliance Industries beats companies like PepsiCo and Pfizer

    Archana SharmaBy Archana SharmaSeptember 11, 2020Updated:September 11, 2020No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Companies like Exxon Mobil, PepsiCo, SAP, Oracle, Pfizer and Novartis left behind
    • Reliance Industries becomes India’s first company to touch $ 210 billion market cap
    • RIL beat PepsiCo and Pfizer, becomes world’s 40th most valued company

    Reliance Industries beats Other Companies

    Reliance Industries Ltd, the country’s largest company in terms of market capitalization, has now become the 40th most valuable company in the world. With this, Reliance Industries has become the first company in India to touch the market cap of $ 210 billion. According to market analysts, Reliance Industries is currently the 40th most valuable company in the world and is ahead of companies like Exxon Mobil, PepsiCo, SAP, Oracle, Pfizer and Novartis. RIL has also been among the top 10 most valuable companies in Asia.

    Also read: Route Mobile IPO gets 78 per cent subscription in the market

    60 billion dollar increase in 60 days

    This is the first time that any Indian company has touched a market cap (market capitalization) of $ 200 billion. On June 19, 2020, Reliance crossed the market cap of $ 150 billion and has raised investor value by $ 60 billion in a short span of 60 days.

    Also read: Reliance Retail Silver Lake Deal: Rs 7500 crore in Reliance Retail

    Constant increase in share price

    The Reliance Industries stock reached its all-time record level of Rs 2,344.95 on the NSE intra-day on Thursday and closed at Rs 2,319, up 7.29 per cent at the end of trading. Reliance PP’s stock hit an upper circuit of 10 per cent on the NSE and closed at an all-time high of Rs 1,393.7. This brought the company’s market cap to Rs 15.45 lakh crore, or $ 210 billion, in intra-day. On September 10, 2020, RIL had a market cap of $ 208.3 billion.

    Also read: Samsung Galaxy M51 With 7,000mAh Battery Launched In India Know What Is The Price

    Deal was done in Silver Lake and Retail

    It is noteworthy that US-based Silver Lake Partners on Wednesday announced a billion-dollar investment in Reliance retail company Reliance Retail Ventures. This news gave wings to the company’s stock and touched a new level. The company’s shares have risen more than 47 percent this year.

     

    Source: www.patrika.com

    #Reliance #Industries #beats #companies #PepsiCo #Pfizer

    market news Market News in Hindi Reliance Industries reliance industries limited Reliance Industries Ltd reliance industries market cap Reliance Industries Share Holders Reliance Industries Share Price reliance industries shares reliance industries shares price
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Archana Sharma
    • Website

    Related Posts

    McDonald's to test new coffee shop-style stores

    December 7, 2023

    From Toyota Fortuner Hybrid to 2024 Renault Duster; These Cars are Coming to India Soon

    December 7, 2023

    Cash use grows for first time in 10 years as people pay closer attention to household budgets

    December 7, 2023
    Top Post

    Cash use grows for first time in 10 years as people pay closer attention to household budgets

    December 7, 2023

    Ticker: Steward plans to close hospital in Stoughton; Delta expects strong Christmas travel 

    December 7, 2023

    Baker touts proposal to pay top tier NCAA athletes

    December 7, 2023

    Secure a better seat! The ultimate guide to getting upgraded on Delta flights

    December 7, 2023
    Don't Miss
    Share Market

    Stick to long-term funding technique regardless of present market state of affairs and short-term volatility

    By Nisha ChawlaJune 20, 2022

    By Tanvi Kanchan The final month turned out to be exceedingly unstable for fairness markets…

    Tech

    Enjoy every match of IPL for free with these plans of Airtel, Jio and Vi and get free data and calling

    By Damini SharmaApril 19, 2021

    Most of the postpaid plans of Airtel, Jio and Vi offer Disney + Hotstar VIP…

    World

    Nobel Peace Prize winner cleared of 'bogus' tax evasion charges

    By Business KhabarJanuary 19, 2023

    Nobel Peace Prize winner Maria Ressa has been cleared of tax evasion costs that human…

    Sports

    Mets DFA catcher Tomas Nido to make room for Omar Narvaez

    By Bhagyashree SoniJune 5, 2023

    The Mets’ roster crunch has lastly arrived, and it has resulted in a troublesome determination…

    About Us
    About Us

    Business Khabar: Read latest business news, auto news, technology news, personal finance, industries news, investment & insurance news, startups & success stories.

    We're accepting new partnerships right now.

    Email Us: [email protected]

    Facebook Twitter LinkedIn
    In Case You Missed

    McDonald's to test new coffee shop-style stores

    December 7, 2023

    From Toyota Fortuner Hybrid to 2024 Renault Duster; These Cars are Coming to India Soon

    December 7, 2023

    Cash use grows for first time in 10 years as people pay closer attention to household budgets

    December 7, 2023
    Last Minute Read

    Financial literacy is on the rise for high school students

    December 6, 2023

    Cash vs. accrual accounting: Differences, pros, and cons of both

    December 6, 2023

    Mortgage rates tumble as bond markets see lower Fed rates by early spring

    December 6, 2023
    Facebook Twitter LinkedIn
    • About us
    • Contact
    • Contribute for us
    • Privacy Policy
    • Disclaimer
    © 2023 Business Khabar. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.