Reliance Industries Limited's (RIL) stock on Monday reportedly surged 2.38% to hit a record high of Rs 1,626.70 on BSE. This comes just two days after Jio clinched two investment deals, one each with global investment firm TPG and private equity firm L Catterton.

In the past few weeks, Jio has raised about Rs 1,04,000 Cr by selling its stocks. Facebook bought nearly 10% of the stock for about Rs 43,500 Cr. KKR, Vista Equity Partners, Mubadala and others struck magnificent deals with Jio.

Commenting on the developments, columnist Rajeev Mantri tweeted, "Cannot think of another instance of any company anywhere in the world raising funding on this scale during an enormous global crisis."

Cannot think of another instance of any company anywhere in the world raising funding on this scale during an enormous global crisis. pic.twitter.com/XOShnUbrKJ

— Rajeev Mantri (@RMantri) June 14, 2020