Mukesh Ambani’s company made people a millionaire, the share of 20 rupees reached 2400 rupees and 1 lakh became 4 crores

Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) have given tremendous returns. The shares of Reliance Industries have increased from Rs 20 to Rs 2400 in the last few years. The shares of the company have given returns of more than 10,000 per cent to the investors in the last 24 years. Those who invested Rs 1 lakh in the shares of Reliance Industries about 24 years ago and maintained their investment, today that amount has exceeded Rs 4 crore.

Rs 1 lakh exceeds Rs 4 crore

Reliance Industries Limited (RIL) shares stood at Rs 19.98 on the Bombay Stock Exchange (BSE) on 28 August 1998. If a person had invested Rs 1 lakh in the shares of Reliance Industries at that time, he would have got 5005 shares. Reliance Industries has given bonus shares in the ratio of 1:1 on 26 November 2009 and 7 September 2017. That is, 5005 shares would have now become 20,020 shares. Shares of Reliance Industries closed at Rs 2408.95 on the Bombay Stock Exchange (BSE). That is, the value of Rs 1 lakh invested in the shares of Reliance Industries would have been Rs 4.82 crore till date.

RIL shares cross Rs 300 at Rs 2400

Shares of Reliance Industries Limited (RIL) stood at Rs 301.73 on the Bombay Stock Exchange on 16 January 2009. The company’s shares closed at Rs 2408.95 on BSE on July 1, 2022. If a person had invested Rs 1 lakh in shares. Had Reliance Industries retained its investment on January 16, 2009, the money would have been close to Rs 8 lakh at present. The 52-week low of Reliance Industries shares is Rs 2016.60. At the same time, the 52-week high level of the company’s shares is Rs 2885.

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