BusinessPhoto: News18 BusinessReliance IPO Investors' Rs 1,000 Grew to Rs 52 Lakh by 2026
An initial investment of Rs 1,000 in Reliance Industries' 1977 IPO could have grown to over Rs 52 lakh by October 2026, including shares of Jio Financial Services. Reliance started as a listed company in 1977 with shares at Rs 10 each. Six bonus issues increased the original 100 shares to 4,096 shares, valued at about Rs 47.5 lakh at Rs 1,160 per share, plus additional wealth from Jio Financial Services.
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