CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which among these is the first Indian firm to reach the Rs 9 lakh crore market valuation mark?
A
State Bank of India
B
Reliance Industries
C
HDFC
D
TCS
Explanation: 

Detailed explanation-1: -Reliance Industries Limited on Wednesday became the first Indian company to hit the Rs 19 lakh crore market valuation mark in intra-day trade. The market heavyweight stock jumped 1.85 per cent to its record high of Rs 2,827.10 during the day on the BSE.

Detailed explanation-2: -Reliance Industries is the first Indian company to hit the ₹10 lakh crore mark in market capitalization. The second most valued firm on the stock exchanges, Tata Consultancy Services has a market cap of Rs 7.81 lakh crore.

Detailed explanation-3: -Reliance Industries: First Indian Company to cross 10 Lk Cr Market Cap / Twitter.

Detailed explanation-4: -RIL is followed by Tata Consultancy Services (TCS) with a market capitalization of Rs 8.75 trillion (USD 119 billion). RIL is the 40th most valuable firm globally.

There is 1 question to complete.