Reliance Industries has surged 19% in just four trading sessions after it announced the $5.7 billion equity deal with Facebook. During the same period, Sensex gained just 4.1%. that means the market capitalization of RIL has increased by Rs.150,000 crore in just four sessions to Rs.935,000 crore. The stock has already recovered 70% from its recent lows touched in March 2020. The stock is now just less than 10% away from the all time peak valuation of Rs.10,17,000 crore scaled on December 19, 2019.