RIL in Wednesday's trade again hit a new high of Rs. 2368.8 shares apiece on the BSE, surging 2%. With it the conglomerate's m-cap is now has hit Rs. 16 lakh crore for the first time.
Since the start of the year, the company's shares have surged 54% after it has amassed a heavy sum post stake sale in its digital Jio Platforms.
RIL Hits New High Again; M-Cap Now Over Rs. 16 Trillion
As per a report, PSUs have been the biggest wealth destroyer so far this year.
In our view, valuations are less important except at extremes for certain stocks," the brokerage said in a note to investors, said Kotak Institutional Equities. And investors can consider some of these things on the counter as positive such as capital, scale and execution.
GoodReturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google