Reliance Industries Ltd becomes India's first company to cross $200 Billion market cap
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Reliance Industries Limited (RIL) became India's first company to hit a market cap of $200 billion. The peak was reached by the Mukesh Ambani-led commercial giant following a spree of investments since mid-March. Even as most companies have shedded off amid the COVID-19-induced lockdowns, the shares of RIL during this period has climbed by 157%. This has brought the company almost at par with Apple Inc.