Anil Ambani-led Reliance Group has crossed Rs 1 lakh crore market valuation as prices of share of all the companies which come under this group gained sharply.
It is to be noted that the group's market capitalisation had touched a low of Rs 50,000 crore last year.
The latest figures released by Bombay Stock Exchnage showed that the combined market capitalisation of the four listed companies from Reliance Group stands at Rs 1,01,832 crore.
Among the four listed group firms, telecom venture Reliance Communications is on top with a market cap of Rs 34,377 crore, followed by Reliance Power at Rs 30,548 crore, as per the BSE data.
Reliance Infrastructure has a market cap of Rs 20,797 crore and Reliance Capital, which is financial services arm of the group, is now worth Rs 16,110 crore.
On Friday, the BSE closed at a life-time high of 25962.06. The cumulative market capitalisation of all BSE listed companies crossed Rs 92 lakh crore mark.
Among the large groups, Tatas is at the top with combined market capitalisation of over Rs 8 lakh crore now, followed by HDFC Group (Rs 3.7 lakh crore) and Mukesh Ambani-led Reliance Industries group (Rs 3.35 lakh crore) in the top three.
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