Reliance market cap nears ₹18 lakh crore, matching India's top five IT firms combined
Reliance Industries' valuation now roughly equals the combined market value of India's five largest IT companies—about twice TCS. The parent-level capital strength underpins Reliance Retail's aggressive expansion runway.
Reliance Industries' market value has reached nearly ₹18 lakh crore, roughly equal to India's five biggest IT firms combined—reflecting parent-level capital strength that underpins Reliance Retail's expansion.
Why this matters
The valuation milestone follows brokerage calls of up to 28% upside after the Jio IPO filing, with Motilal, Jefferies and Nomura reiterating Buy—reinforcing parent-level strength behind Reliance Retail's growth.
Retail-company signals accelerating, up +538800% QoQ.