Reliance Industries Ltd (RIL) is the only other company after ONGC, which has achieved the milestone of more than one trillion rupees market cap. No doubt, it’s the second most valuable company in India today. As on March 31, 2006, in terms of market capitalisation, RIL’s worth was Rs.1.10 trillion. However, since then, rampant expansion plans of the company have catapulted the market value of the company tremendously in the current fiscal. The company recorded a growth of 41% in its market cap, which climb up to Rs.1.55 trillion in a small time span of five and half months.
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
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