RIL's market cap breaches Rs 7-trillion mark for the first time

RIL touched a fresh record high of Rs 1,107 on BSE which is up by 2.5% from its previous close with a market cap of Rs 7.01 trillion at 09.52 am; the BSE data shows.

Reliance Industries (RIL) crossed Rs 7 trillion market capitalisation (market cap) mark for the first time on Friday and became second Indian firm to cross this mark after information technology giant Tata Consultancy Services (TCS).

The stock touched a fresh record high of Rs 1,107 on BSE, up by 2.5% from its previous close with a market cap rising to Rs 7.01 trillion at 09.52 am; the BSE data shows. TCS is at top of the rank with Rs 7.55 trillion market cap, the BSE data shows.

In past six trading sessions, RIL rallied 15%, gaining Rs 901