Shares of Mukesh Ambani's Reliance Industries have seen an increase of 7.50 percent in 3 days.
Ever since the quarterly results of Reliance Industries have come, there has been a continuous rise in the shares of the company in the stock market. After Monday's rise, when Sensex and Nifty were seen falling on Tuesday, Reliance shares were still rising, even if it was less than 2 percent. On Wednesday, a rise of about 3 percent was seen in the shares of Reliance.
Due to this rise, the company valuation has increased by about Rs 1.35 lakh crore in just a few days. Due to which the total valuation of the company has crossed Rs 19 lakh crore. Whereas on the last trading day of last week it was below Rs 18 lakh crore. If this momentum continues in the coming days, the valuation of the company will cross the level of Rs 20 lakh crore. Let us also tell you what kind of figures of Reliance Industries are being seen in the stock market.
Reliance Industries shares rise for the third consecutive day
Shares of the country's largest company Reliance Industries are rising for the third consecutive day. If we look at the data of Reliance Industries on BSE, at 1:05 pm the company's shares are trading at Rs 1,416 with a rise of about 2 percent. Whereas during the trading session, the company's shares rose by 2.77 percent and reached the day's high of Rs 1,427.40. However, a day ago the shares of the company had closed at Rs 1,388.90 with a slight rise. Whereas on Wednesday morning the shares of the company opened at Rs 1,392.95.
How much increase in three days
There has been a huge rise in the shares of Reliance Industries in about 3 trading days. On the last trading day of last week, the share of Reliance Industries was at Rs 1,327.65, since then the company's shares have seen an increase of Rs 100 i.e. 7.50 percent. An increase of 1.68 percent was seen in the company's shares on Tuesday. Whereas on Monday an increase of about 3 percent was seen in the company's shares. In such a situation, it is clear that the company's shares have seen a rise of more than 7.50 percent in three trading days.
Company gets profit of Rs 1.35 lakh crore
The special thing is that after three consecutive days of growth, there has been a significant increase in the valuation of the company. If we talk about the figures, there has been an increase of about Rs 1.35 lakh crore in the valuation of the company. On the last trading day last week, the market cap of Reliance Industries was Rs 17,96,647.50 crore, which has increased to Rs 1,931,566.54 crore. This means that the market cap has increased by Rs 1,34,919.04 crore.
If we talk about today only, then there has been an increase of Rs 52,032.24 crore in the valuation of the company. Whereas a day earlier, an increase of Rs 31,057.17 crore was seen in the valuation of the company. Whereas on Monday, there was an increase of Rs 51,829.63 crore in the valuation of the company. Due to this increase, the valuation of the company has crossed Rs 19 lakh crore.
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