44.jpeg)
Reliance Industries Ltd. becomes the first Indian co to hit a market cap of $250 billion. The market cap gap between two of India’s most valued Indian companies (Reliance, TCS), widened further in the last four months. Reliance Industries saw an increase of ~$20 billion while TCS saw a decline of ~$20 billion in its market cap in 2022. RIL’s market cap is now double than that of IT major Tata Consultancy Services (TCS). The energy-to-telecom conglomerate is globally more valuable than PepsiCo, Alibaba, Walt Disney, Novartis, and Merck. Tata Group. The RIL scrip has seen a jump of 29 per cent, which is a massive gain against that the broader market NSE Nifty has seen of just 6 per cent.
Editor In Chief : Dr Dhimant Purohit
Know your world in 60 words - Read News in just 1 minute
Hot Topics
Select the content to hear the Audio
