How To Guide

How To Buy Reliance Stock From India

Want to invest in Reliance Industries stock? Find out why the Reliance stock is so popular in India, details of its financials and what the RELIANCE stock price looks like!
April 18, 2024
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Reliance Industries is one of the most iconic companies in India. In fact, it’s the biggest company in India by market cap and the 54th largest conglomerate in the world. But the company had humble beginnings.

How Did Reliance Industries Start?

Reliance started as a small partnership between Dhirubhai Ambani and Champaklal Damani in the 1960s under the name Reliance Commercial Corporation. However, the partnership ended in 1965.

Dhirubhai Ambani renamed the company to “Reliance Textiles Engineers Pvt” and then took the company public in 1977 with the name Reliance Textile Industries. 

The IPO was a big hit and was oversubscribed by 7x. Since then, Reliance has become a blue-chip company and one of the most stable organizations in India. It has an AAA CRISIL and Fitch credit rating. 

That’s not all. Reliance stock price has grown by more than ₹2,000 since 2002 and it is the biggest company in India with a market capitalization of ₹1,459,653 crores or $207.72 billion. 

The Financials Of Reliance Stock

1. Stock Name: Reliance Industries Ltd. (RELIANCE)

2. Share Price: ₹2,273.75*

3. Market Cap: ₹1,463,198

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