RIL became 1st Indian Company to hit Rs 9 lakh crore m-cap mark

Published on October 18, 2019
Current context: The Reliance Industries Limited (RIL) become the first Indian company to cross the Rs 9 lakh crore of market capitalization.
RIL became 1st Indian Company to hit Rs 9 lakh crore m-cap mark
  • The RIL shares rose nearly 2% in Friday trading session to hit Rs1,423 whereas, India’s benchmark Sensex Index rose 0.5% or 200 points to hit 39,252 points.
  • According to Bank of America Merrill Lynch RIL can become the first Indian company to achieve a market capitalisation of $200 billion in the next two years.
  • After RIL, Tata Consultancy Services (TCS) is India's second most valued firm in India with market capitalization of Rs 7,69,483 crore.
  • RIL was also the first company to reach Rs 8 lakh crore mark in August 2018 and hit the $100 billion mark in market-cap in 2007.

Question: 

Q.1 Which Indian company has recently crossed Rs 9 lakh crore of market capitalization?
a. Reliance Industries Limited (RIL)
b. Tata Consultancy Services (TCS)
c. ITC Limited
d. State Bank of India

Can I help you?

ramandeep singh

Hey I am Ramandeep Singh. I am determined to help students prepaing for RBI, SEBI, NABARD and IBPS exams. Do you want me to help you ?

Join my class here
    Follow me:
Close Menu
Close Menu