Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.738)

738. 

Which company becomes the 1st Indian company to reach Market Capitalisation (m-cap) of Rs 13 lakh crore?

[A]. PhonePe
[B]. Reliance Industries Limited
[C]. Infosys
[D]. Amazon

Answer: Option B

Explanation:

As stock market data, Reliance Industries Limited (RIL) becomes the 1st Indian company to reach Market Capitalisation (m-cap) of Rs 13 lakh crore. It becomes the world's 48th largest company by m-cap, ahead of Abbott Labs, Oracle, Chevron and Unilever. It also crossed the stock price of Rs 2000 for the 1st time.

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