RIL becomes first Indian company to hit $150 bn M-cap mark

Mukesh Ambani owned Reliance Industries Limited (RIL) has become the first Indian company to enter the exclusive club of $150 billion in market capitalisation.
The Shares of the company soared 6.2% to hit a new all-time high of Rs 1,788.60 on the BSE on 19 June before ending at Rs 1,759.50 (up over 6 percent)
RIL now has a market capitalisation of $151.2 billion, which is the highest ever valuation of an Indian company.
In rupee terms, it also became the first company to be valued at over Rs 11 lakh crore.
With this, RIL is now ranked 58 on the list, among the worlds most valuable companies.