<p>Reliance Industries Limited's market valuation zoomed past the Rs 12 lakh crore mark on Monday, driven by a sharp rise in its share price.</p>.<p>The market-heavyweight stock rose by 2.97 per cent to close at Rs 1,934.30 on the BSE. During the day, it jumped 3.64 per cent to a record high of Rs 1,947.</p>.<p>On the National Stock Exchange (NSE), it gained 3.22 per cent to close at Rs 1,938.70. During the day, it rose by 3.70 per cent to a lifetime high of Rs 1,947.70.</p>.<p>Following the jump in its share price, the company's market valuation rose by Rs 35,373.88 crore to Rs 12,26,231.01 crore on the BSE.</p>.<p>Reliance Industries was one of the top gainers in the Sensex pack after the company on Sunday said it has secured Rs 730 crore from wireless technology leader</p>.<p>Qualcomm by selling a small stake in its technology venture, adding to a slew of investments since April that has crossed Rs 1.18 lakh crore.</p>.<p>With this deal, Reliance has sold 25.24 per cent stake in Jio Platforms Ltd - the unit that houses India's youngest but largest telecom firm Jio Infocomm and apps.</p>.<p>In traded volume terms, 15.73 lakh shares were traded on the BSE and over 3 crore units on the NSE during the day.</p>.<p>Reliance Industries, the country's most valued firm, last month became the first Indian company to cross the Rs 11 lakh crore market valuation mark.</p>.<p>Meanwhile, ReliancePP or the partly paid-up shares issued in recently concluded rights issue have a market valuation of Rs 44,554.77 crore. ReliancePP shares rose by 6.44 per cent to close at Rs 1,054.70 on the BSE.</p>.<p>The company became net debt-free on June 19, following capital raising initiatives in Jio Platforms and the rights issue.</p>.<p>So far this year, the stock has gained 27.75 per cent.</p>
<p>Reliance Industries Limited's market valuation zoomed past the Rs 12 lakh crore mark on Monday, driven by a sharp rise in its share price.</p>.<p>The market-heavyweight stock rose by 2.97 per cent to close at Rs 1,934.30 on the BSE. During the day, it jumped 3.64 per cent to a record high of Rs 1,947.</p>.<p>On the National Stock Exchange (NSE), it gained 3.22 per cent to close at Rs 1,938.70. During the day, it rose by 3.70 per cent to a lifetime high of Rs 1,947.70.</p>.<p>Following the jump in its share price, the company's market valuation rose by Rs 35,373.88 crore to Rs 12,26,231.01 crore on the BSE.</p>.<p>Reliance Industries was one of the top gainers in the Sensex pack after the company on Sunday said it has secured Rs 730 crore from wireless technology leader</p>.<p>Qualcomm by selling a small stake in its technology venture, adding to a slew of investments since April that has crossed Rs 1.18 lakh crore.</p>.<p>With this deal, Reliance has sold 25.24 per cent stake in Jio Platforms Ltd - the unit that houses India's youngest but largest telecom firm Jio Infocomm and apps.</p>.<p>In traded volume terms, 15.73 lakh shares were traded on the BSE and over 3 crore units on the NSE during the day.</p>.<p>Reliance Industries, the country's most valued firm, last month became the first Indian company to cross the Rs 11 lakh crore market valuation mark.</p>.<p>Meanwhile, ReliancePP or the partly paid-up shares issued in recently concluded rights issue have a market valuation of Rs 44,554.77 crore. ReliancePP shares rose by 6.44 per cent to close at Rs 1,054.70 on the BSE.</p>.<p>The company became net debt-free on June 19, following capital raising initiatives in Jio Platforms and the rights issue.</p>.<p>So far this year, the stock has gained 27.75 per cent.</p>