Multiple choice

On 12th October 2006, Reliance Industries Limited toppled which company for the largest market capitalization at the Bombay Stock Exchange?

  1. Tata Steel

  2. ICICI Bank

  3. NTPC

  4. ONGC

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

On October 12, 2006, Reliance Industries Limited overtook ONGC (Oil and Natural Gas Corporation) to become the most valuable company by market capitalization at the Bombay Stock Exchange. This marked a significant moment in India's corporate history as a private sector company surpassed a major PSU (Public Sector Undertaking) in valuation.