# Reliance Industries becomes the first Indian firm to reach $200 billion valuations

URL: https://technosports.co.in/reliance-industries-becomes-first-indian-firm-to-reach-200-billion-valuations/  
Published: 2020-09-11  
Updated: 2020-09-11  
Author: Anupam Modak

Reliance Industry Limited becomes the first Indian firm to reach a $200 billion valuations. Lots of investments from so many renowned firms push the share price upward.

The shares price of the company hiked 3.32% on the Bombay Stock Exchange (BSE) to a new record high of Rs.2,233.90. It indicates, the company’s market capitalization reached Rs.14,14,764.90 or $192.85 billion.

The partly paid-up shares of Reliance also go high by 8% to Rs.1,365 which converts into the market cap of Rs.57,815 crore or $7.82 billion.

![Reliance Industries Limited becomes debt-free with Jio's overwhelming investments & Rights Issue](https://technosports.co.in/wp-content/uploads/2020/06/mukeshambani-1024x576.jpg)

So, currently the market valuation of Reliance, in total, becomes $200.68 billion which is nearly double of Tata Consultancy Services valued $119 billion.

This year, Reliance collects lots of investments from various renowned investors. Starting from [Facebook’s](https://technosports.co.in/2020/04/22/facebook-to-invest-5-7-billion-rs-43547-crore-on-reliance-jio-mark-zukerberg-shares-why/)Rs.43,573.62 crore to the recent [Silver Lake’s third-time investment](https://technosports.co.in/2020/09/09/silver-lake-will-invest-%e2%82%b9-7500-crores-in-reliance-retail/) of Rs.7500 crore. Apart from these two companies, there are Vista Equity, General Atlantic, KKR, Mubadala, [Abu Dhabi Investment Authority](https://technosports.co.in/2020/06/08/abu-dhabi-investment-authority-pour-%e2%82%b95683-crores-to-jio/), [TPG, L Catterton](https://technosports.co.in/2020/06/14/jio-got-two-back-to-back-bulk-investments-in-a-single-day/), [PIF](https://technosports.co.in/2020/06/18/public-investment-fund-pif-invests-%e2%82%b9-11367-crore-in-jio-platforms/), [Intel](https://technosports.co.in/2020/07/03/silicon-giant-intel-invests-%e2%82%b9-1894-50-crore-in-jio/), [Qualcomm](https://technosports.co.in/2020/07/12/qualcomm-invests-%e2%82%b9-730-crores-in-jio-platforms/), [Google](https://technosports.co.in/2020/07/15/google-joins-hand-with-jio-platforms-with-%e2%82%b9-33737-crores-of-investment/), and more.

*[Source](https://telecom.economictimes.indiatimes.com/news/ril-becomes-first-indian-firm-to-hit-200-billion-m-cap-stock-jumps-3/78034011)*

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