Reliance Only Indian Company In The Global List of 100 Profit-Making Firms During The Pandemic

by M. Nuruddin Jul 13, 2020 • 05:16 PM Views 860

Reliance is the only Indian company to feature among the top 100 profit-making companies during the pandemic. News Organisation Financial Times released a list of 100 companies that have increased their share prices during the pandemic. This list comprises 47 percent of US companies and 24 percent of Chinese companies. Reliance Industries is at number 89 on the list. According to the report, the company has increased its market cap by $9 billion during the lockdown. Although the company's energy business suffered losses during this period, but after selling shares of the telecom unit, it has been included in the list of those hundred companies