Mukesh Ambani’s shares of Reliance Industries have seen an increase of more than 2 percent. The special thing is that during the 3 -hour 30 -minute trading session, the company’s valuation has seen an increase of about 38 thousand crores. The company’s shares are believed to be a boom. Two of which are prominent. The first is that Reliance has recently announced to start its 1 GW Solar Module Line. Which will be 10 GW by a calendar year 2026. On the other hand, the JioWokrock Mutual Fund has been subscribed to the first day. Whose support is seen to be received by Reliance Industries. Let us also tell you what kind of figures of Reliance Industries are being seen in the stock market.
Reliance shares rise
According to the data of Bombay Stock Exchange, Reliance Industries shares are seeing more than one per cent. According to the BSE, the company’s stock has reached the day high with a rise of about two percent at 12.45 pm with Rs 1531.20. Whereas the company’s stock was seen at Rs 1500.65 a day earlier. This morning, the company’s stock was also opened at this level. By the way, the company’s stock was seen at Rs 1,608.95 of 52 weeks. Whereas the lower level of 52 weeks was seen at Rs 1,115.55.
How much increased in the current year
The special thing is that in the current year, the shares of Reliance Industries had seen more than 25 percent increase. Surprisingly, in the last one year, the company’s shares have seen a decline of 2 percent. At the same time, the company’s shares have seen an increase of 8 percent in a month. Last week, the company’s stock has jumped more than 4 percent. Novuma estimates that the company’s stock may soon cross the 1800 level.
About 38 thousand crores benefit
The special thing is that during the rise of about 210 minutes, there has been a tremendous increase in the valuation of the company. According to the data, a day before i.e. on Monday, the company market cap was Rs 20,32,350.57 crore. Which reached Rs 20,70,197.66 crore at 12.45 am on Tuesday. This means that in 210 minutes, the company’s valuation has benefited by Rs 37,847.09 crore. On the very first day of July, there has been a tremendous boom in the valuation of Reliance Industries.