Billionaire Mukesh Ambani-led Reliance Industries' shares scaled a record high on Monday, cementing the oil-to-telecom conglomerate's position as the country's most valuable company. With the gain in RIL shares, the group's market capitalisation touched the Rs 17 lakh crore mark for the first time ever, just days after reaching the Rs 16 lakh crore mark. Reliance Industries shares traded 1.5 percent higher at Rs 2,520.7 on BSE in afternoon deals, soon after hitting a record high of Rs 2,523.9.

Billionaire Mukesh Ambani-led Reliance Industries' shares scaled a record high on Monday, cementing the oil-to-telecom conglomerate's position as the country's most valuable company. With the gain in RIL shares, the group's market capitalisation touched the Rs 17 lakh crore mark for the first time ever, just days after reaching the Rs 16 lakh crore mark. Reliance Industries shares traded 1.5 percent higher at Rs 2,520.7 on BSE in afternoon deals, soon after hitting a record high of Rs 2,523.9.