Due to the confidence of investors in Reliance Industries, there has been a tremendous jump in the shares. Recently it has increased by 10 percent. This also benefited Mukesh Ambani’s net worth.
The status of Mukesh Ambani, the richest person of the country, has increased these days. For some time, the shares of Ambani’s company Reliance Industries have seen a tremendous jump. Due to the increase of more than 10 percent in this, the wealth of Mukesh Ambani has also increased. He also got the benefit of reaching a notch higher in the list of the richest people of the world. According to the Bloomberg Billionaires Index, Ambani has now risen from number 13 to 12th position with a net worth of $83.2 billion.
According to the report, Ambani’s net worth has increased by $ 6.52 billion this year. On Wednesday afternoon, the stock of Reliance was trading at Rs 2203.50 with a gain of 1.63 percent. A report by brokerage firm Jefferies is being told behind the rise in Reliance shares. It has been claimed in this report that EBIDTA of Reliance’s petrochemical business can increase by up to 50 percent. The performance of the company’s petrochemical business is excellent, which will increase the chances of stake sale in the company’s O2C business in the current financial year. This will also improve the performance of RIL shares in Nifty.
Record was made in the year 2020
The biggest rise in Reliance’s stock was seen on 16 September 2020. During that time the stock made a record of Rs 2,369. Then the market cap of Reliance had crossed Rs 16 lakh crore. Due to this, the net worth of Mukesh Ambani also increased to $ 90 billion. Due to which he reached the fourth place in the list of the world’s rich. However, later due to the fall in the shares, he was out of the top 10 list. But at this time again the rise in the shares of Reliance Industries is a better sign for them.
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There will be no money problem after retirement, pension will be available every month like this from annuity plan