The company's chairman, Mukesh Ambani has now become the fifth richest man in the world, with a net valuation of $75.1 billion.
The company's partly paid-up shares listed separately have a market capitalisation of Rs 53,821 crore.
The market value of Reliance Industries is fast approaching the $200-billion mark. They are now trading on the BSE at Rs 1,996, higher by Rs 24.15 or 1.22 per cent from its previous close. This gave the firm a m-cap of over ₹13 trillion. In third place is Louis Vuitton SE Chairperson Bernard Arnault and his family, with a net worth of $112 billion (Rs 8.38 lakh crore). China's Alibaba Group is ranked 7th globally.
Reliance Industries' shares surged to an all-time high of Rs 2,010 on Wednesday, taking the group's market capitalisation to Rs 12.70 lakh crore.
Ambani is now richer than SpaceX CEO Elon Musk, Google co-founders Larry Page and Sergey Brin, and Berkshire Hathaway Chairman-CEO Warren Buffett, among others on the Bloomberg Billionaires' Index.
Reliance is India's most-valued publicly traded company; its valuation crossed $154 billion in July 2020 as foreign funding in Jio came to a close.
It was widely expected that Amazon would raise its investment in Future Retail, which is struggling due to high debts and COVID-induced revenue hit, before RIL emerged as the front-runner, more so after the recent fund raises.
Jio Platforms has received a total investment of Rs 1,52,056 crore in the past three months from financial and strategic investors, with Google being the latest investor to pitch in with Rs 33,737 crore.
ReliancePP-the partly paid-up shares issued in the recently concluded rights issue- had listed on the stock exchanges on 15 June 2020.