RIL market cap inches closer to Rs 6 lakh crore mark

Reliance Industries' market valuation is fast inching closer to the Rs 6 lakh crore mark, buoyed by a rally in its share price.

At the close of trade on Monday, the company's market capitalisation stood at Rs 5.94 lakh crore, which is just around Rs 6,000 crore short of the Rs 6 lakh crore mark.

Shares of the company rose by 3.05 per cent to close at Rs 938.10 on the BSE. During the day, the share price jumped 3.63 per cent to Rs 943.45 -- a 52-week high.

On the NSE, shares of the company gained 3.28 per cent to end at Rs 939.75.

In terms of equity volume, 5.40 lakh shares of the company were traded on BSE and over one crore shares changed hands on NSE during the day. RIL is the country's most valued firm followed by TCS (Rs 4.95 lakh crore), HDFC Bank (Rs 4.81 lakh crore), ITC (Rs 3.25 lakh crore) and HDFC (Rs 2.74 lakh crore).

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