InvestorQ : How much has Reliance stock price gained after the Facebook deal last week?
Rutuja Nigam made post

How much has Reliance stock price gained after the Facebook deal last week?

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Arti Chavan answered.
2 years ago
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Reliance Industries has surged 19% in just four trading sessions after it announced the $5.7 billion equity deal with Facebook. During the same period, Sensex gained just 4.1%. that means the market capitalization of RIL has increased by Rs.150,000 crore in just four sessions to Rs.935,000 crore. The stock has already recovered 70% from its recent lows touched in March 2020. The stock is now just less than 10% away from the all time peak valuation of Rs.10,17,000 crore scaled on December 19, 2019.

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