The market heavyweight stock gained 2.95 per cent to close at Rs 1,878.50 on the BSE.
Following stellar gains in its share price, RIL became the first Indian firm to achieve the milestone of crossing Rs 11 trillion market valuation mark on Friday
Top losers were ITC, HUL
In March 2020, Ambani was ranked 21st on Forbes' annual billionaire list, with a net worth of $36.8 billion, while Page and Brin were 13th and 14th.
RIL fully-paid shares hit a lifetime high of Rs 1,738.95, up 5 per cent, in the intra-day trade today.
J P Morgan said that the core energy business could be staring at multi-year slump
Reliance Industries Ltd witnessed a rise of Rs 31,506.3 crore to Rs 9,30,006.19 crore in its valuation
The Mukesh Ambani-controlled conglomerate, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and m-cap.
These pay cuts would apply only to the employees in Reliance's hydrocarbon division and earning more than Rs 15 lakh a year; those earning less would not be impacted
The company's scrip zoomed 9.74 per cent to Rs 1,035 on the BSE
The company could soon break into the top 5 most-valued oil & gas stocks
A decisive close above Rs 1,400 triggered short-covering, resulting in the new up move. That apart, a "flag pattern" with a breakout suggests Rs 1,420 and Rs 1,450 will act as an immediate support
Thus far in the calendar year 2019, RIL's share price has rallied 34 per cent, as compared to 12 per cent rise in the S&P BSE Sensex.
The Mukesh Ambani-led company is slated to release its September quarter results later in the day where it is expected to report a strong quarter for the July-September period.
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.