Mukesh Ambani’s big leap, joins Rs 100 billion club, Reliance Group shares see rise again
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Mukesh Ambani in $100 Billion Club: Mukesh Ambani, one of the richest industrialists from Asia, has achieved a new milestone. Taking a big leap, he has made his place in the 100 billion dollar club. The reason for the increase in his net worth in the last three days is Reliance Industries (Reliance Industries) and the shares of other companies are said to be rising rapidly. According to Bloomberg Billionaires Index, Mukesh Ambani has earned $2.76 billion in the last few days. Due to this his net worth has increased to 102 billion dollars. However, he remains at 12th position in the list of billionaires in the world. The upward trend in Reliance shares continues even today. At 11.44 pm, Reliance Industries shares were trading at Rs 2735.15 with a rise of 0.56 percent i.e. Rs 15.35. At the same time, the share of Jio Financial Services was trading at Rs 257.70 with a rise of 2.44 percent i.e. Rs 6.15.
Market valuation increased by Rs 93,121.64 crore in two days
Reliance Industries shares continued to rise for the second consecutive day on Thursday. The company’s shares have risen by more than five percent in two days. Due to this, the market valuation of the company has increased by Rs 93,121.64 crore. Shares of the country’s most valuable company in terms of market capitalization (M-Cap) rose 2.58 percent to close at Rs 2,718.40 on BSE. During the day’s trading, it jumped 2.83 percent to reach its new 52-week high of Rs 2,724.95. It rose 2.48 percent to Rs 2,716 per share on NSE. The stock has increased by 5.33 percent in two days. This added Rs 93,121.64 crore to the market valuation of the company and it became Rs 18,39,183.64 crore.
Market rises after investment announcement
Addressing the Vibrant Gujarat 2024 programme, Mukesh Ambani said that Reliance will continue to play a leading role in Gujarat’s growth story with significant investments over the next ten years. Specifically, Reliance will contribute to making Gujarat a global leader in green development. We will help Gujarat aim to meet half of its energy needs through renewable energy by 2030. For this, we have started construction of Dhirubhai Ambani Green Energy Giga Complex on 5,000 acres in Jamnagar. After his five announcements in the program, the company’s shares saw a rise.
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