Reliance Industries Limited regains number one status by beating TCS, surpasses market capitalization

Even though the wealth of Mukesh Ambani, the richest person in the country, has come down by almost 40% due to the Corona effect, his company Reliance Industries Ltd has recorded a big jump. On Wednesday, due to the surge in the stock market business, Reliance Industries Ltd. has once again beat the TCS to regain the status of the country’s highest capital company.

The BSE Sensex saw a 9.74 percent jump in the company’s shares on Wednesday and the share price reached a level of Rs 1,035. Shares of the company rose 9.61 percent to Rs 1,034 on the NSE. With this the market valuation of the company increased to Rs 6,49,838.31.