Reliance Industries becomes first Indian stock to surpass Rs 20 lakh crore market cap

Reliance Industries (RIL), led by Mukesh Ambani, has become the first Indian listed company to surpass a market capitalization of Rs 20 lakh crore. The stock of RIL rose by 1.89% to reach a fresh 52-week high of Rs 2957.80 on the Bombay Stock Exchange (BSE).In the past two weeks alone, the market value of RIL has increased by Rs 1 lakh crore.