Reliance Industries market cap hits 19 Lakh Crore. Should I invest at this level?

Reliance Industries Limitedis an Indian multinational company with diverse businesses, including energy, petrochemicals, natural gas, telecommunications,retail, textiles and mass media. It is the most profitable company in India andthe largest publicly traded firm by market capitalisation. 

It is also the largest company in India as measured by revenue, which has a market capitalisation of about $243 billion as of 31st March 2022. Today, Reliance Industries Limited is considered the 10th largest employer in the country, with over 2 lakh employees. It is hard to believe that this company is ranked 155th on the Fortune Global 500 list of biggest corporations as it has been around for only 100 years.

India’s most profitable company, Reliance Industries, has expandedits influence worldwide with 8% of India’s total merchandise exports and access to markets in over 100 countries.Accounting for almost 5% revenue from customs duty or excise tax paid by government-owned companies, RIL also happens to be a firm that recorded negative free cash flows at 1 billion dollars during FY-2021 despite having a hundred-billion-dollar revenue last year,it made them Indian enterprise ever becoming worth more than $100 billion.

Should you invest in Reliance shares?

As of today, the Reliance share price is Rs. 1,381.42. However, you must consider a few factors before investing in Reliance Industries Limited.

  • First, what is your investment goal? Are you looking for long-term growth potential, or are you more interested in generating income?
  • Second, how much risk are you willing to take? Reliance Industries is a large and well-established company, so it may be less risky than investing in a start-up. However, keep in mind that the stock market is volatile, and even blue-chip stocks go through periods of decline.
  • Finally, do your research and consult with a financial advisor before investing in RIL share

Investing in Reliance Industries share can be wise if you have a long-term investment goal and are willing to take on some risk. The company has a strong track record of growth, and its shares offer the potential for both capital appreciation and dividend income. However, as with any stock, there is no guarantee of success, and you should always do your research before making any investment decisions.

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