RIL M-cap crosses Rs 4 lakh cr mark
The Reliance Industries share rose to a life-high of Rs 2,805 Thursday ahead of the oil & gas major’s second quarter earnings declaration on Thursday. With this, the index heavyweight crossed the Rs 4 lakh-crore mark in terms of market capitalisation.
According to estimates, the company is expected to post higher sequential net profit on account of contribution from recently-merged Indian Petrochemicals Corporation, improvement in refining margins and strengthening petrochemical business
