BIG news for Mukesh Ambani on Diwali as Reliance adds Rs 67459 crore in one day, market cap reaches…

Trust news: Reliance Industries, the flagship company of Indian billionaire Mukesh Ambani, increased its market capitalization by Rs 67,459.38 Million on Monday after its shares closed nearly 4 per cent higher at Rs 1,467.90 Crore. The company’s market capitalization rose to Rs 19,84,943.09 crore, PTI reported. This comes a few days after RIL reported that its net profit rose 9.6 per cent year-on-year. September quarter The profit was driven by strong performance in its consumer-facing retail and telecommunications businesses and a recovery in its core oil-chemical segment.

Reliance Share Price

The leading stock rose 3.52 per cent to settle at Rs 1,466.80 on the BSE. It rose 3.99 percent to Rs 1,473.55 during the day. Shares rose 3.60 per cent to settle at Rs 1,467.90 on the NSE. The rise in Reliance shares also lifted the stock markets. The 30-share BSE Sensex rose 411.18 points or 0.49 per cent to 84,363.37 points. The 50-share NSE Nifty rose 133.30 points or 0.52 per cent to 25,843.15 points.

Reliance Q2 Results

Oil-retail companies earned a consolidated net profit of Rs 18.165 billion in the July-September period (second quarter of fiscal 2025-26), the company said on Friday, which was higher than Rs 16.563 billion in the same period in the previous year. However, profit fell 33 percent sequentially compared to 26.994 billion rupees in the April-July quarter. Jio Platforms Ltd, the subsidiary that houses telecom and digital businesses, saw its profits rise 13 per cent to ₹ 7,379 crore in the second quarter.