India's largest private sector company, Reliance Industries on Thursday achieved a new feat  According to a report in Economic Times mentioned in a report, the stock has entered the world Top 75 club with a market capitalisation (market value of all issued shares) of $122.87 billion (nearly Rs 8.54 lakh crore), The surge in RIL's market cap was led by a 45% rally in its shares in last year. 

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According to the report, Reliance Industries  shares have generated the third best return among the top 100 companies globally by market value after Eli Lilly and Merck. Meanwhile, the average return of the top 100 companies in the world was 5.7%.

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 Mukesh Ambani-led company  has also outperformed its global peers in the energy segment. RIL's return was five times the average return of global energy companies such as Exxon Mobil, Chevron, BHP, BP and Total in the past three years, the business daily.

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Company  has been consistently making capital expenditure to expand its business. In the past five years, the company has invested close to $75 billion, highest capital expenditure by an Indian company, in its various business such as telecom.  Due to this huge capex in the past few years, RIL's debt has also increased. As of December 31, 2018, its total debt stood at Rs 2.7 lakh crore as against Rs 0.9 lakh crore as on March 31, 2014. To reduce this debt, the Oil-telecom conglomerate is selling unprofitable ventures to pay off its debt and deploy cash in profitable ventures.