BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has became the first Indian company to cross Rs 6 trillion market capitalization after its shares surged over 75% so far this year and hit a fresh lifetime?
A
Wipro Limited
B
Tata Power
C
Reliance Industries Ltd (RIL)
D
Bharti Airtel
Explanation: 

Detailed explanation-1: -Reliance Industries Ltd (RIL) became the first Indian company to cross the $250 billion mark in market capitalisation on Thursday.

Detailed explanation-2: -Mr. Mukesh Ambani’s Reliance Industries Ltd (RIL) became the first Indian listed firm to have a market capitalisation of Rs.

Detailed explanation-3: -Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue. It is also one of the largest employers in India, with over 300, 000 employees in the world.

Detailed explanation-4: -India’s Market Capitalization: % of GDP-Historical Data If you ask a stock market investor today, which Indian company would be the first to touch the $1 trillion market, the obvious answer would be either Reliance Industries or Tata Consultancy Services (TCS).

Detailed explanation-5: -This list was updated on 7th Feb, 2023. With a market cap of ₹1, 563, 887 crores Reliance Industries leads the Indian Industries with the highest market cap.

There is 1 question to complete.