Reliance Industries: Market valuation crosses $ 100 billion

Market valuation of Reliance Industries reaches 100 billion dollars in stock markets today The stock price of the company reached Rs 1,091 per share, which is a high 52 weeks high.

The company's share on the Bombay Stock Exchange continued to remain steady for the fifth consecutive day and reached 52 weeks high level of Rs 1,091 per share. Its main reason is to announce new business plans in its general annual meeting before the results of the April-June quarter.

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The company's shares opened at Rs 1,043.15 and later it rose by 5.27 per cent to 52 weeks high level of Rs 1,091 per share. With this, the market valuation of the company touched 6,88,513.11 million rupees (about $ 100 billion).

Similarly, on the National Stock Exchange, the company's stock opened at Rs 1,044.35 and after the rise of 5.02%, the 52-week high level ie 1,091 rupees per share reached. Last month, the market valuation of Reliance Industries reached $ 100 billion in October 2007.