Feb 3, 2023
By: bhakti.makwana@timesinternet.in
Credit: Bharti Airtel
Amidst a rout in all Adani stocks, the group’s flagship company Adani Enterprises, which cancelled its FPO, is out of the top 10 most-valued companies list as on February 3. It’s now the 28th most-valued company, whereas its rank was at number 10 by the end of December. Here is the new list of the top 10 firms.
Credit: Bharti Airtel
Mukesh Ambani-led Reliance Industries continues to be India’s most-valued in India. However, its market cap came down to ₹15.69 lakh crore on February 3, from ₹17.23 lakh crore on December 30, 2022.
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The IT giant maintains its position of the second most-valuable company with a market cap of ₹12.74 lakh crore as of February 3, up from ₹11.91 lakh crore on December 30, 2022.
Credit: Bharti Airtel
The private sector bank is the third most-valuable company with a market cap of ₹9.15 lakh crore, which has risen from ₹9.07 lakh crore last year.
Credit: Bharti Airtel
The IT giant’s market capitalisation has increased to ₹6.7 lakh crore as on February 3, rising from ₹6.34 lakh crore in December 2022.
Credit: Bharti Airtel
The FMCG giant has edged past ICICI Bank, to become the fifth most-valuable company with a market cap of ₹6.19 lakh crore, up from ₹6.01 lakh crore in December, 2022. It was the sixth most valuable company last year.
Credit: Bharti Airtel
The private sector lender has slid down to the sixth position from fifth last year. Its market cap fell to ₹5.96 lakh crore as on Feb 3, from ₹6.21 lakh crore on December 30, 2022.
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The largest mortgage lender has now become the seventh-largest company in 2023, climbing up a position since December last year. HDFC’s market cap has increased to ₹4.86 lakh crore, up from ₹4.81 lakh crore by 2022 end.
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The country’s largest public sector bank is now the eighth most-valuable Indian company with a market capitalisation of ₹4.73 lakh crore. This too came down from ₹5.47 lakh crore in December last year.
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The hotels-to-cigarettes conglomerate has entered the top 10 club of most- valuable Indian companies, securing the ninth position with a market cap of ₹4.66 lakh crore compared to ₹4.11 lakh crore last year in December. The company ranked 12th in December.
Credit: Bharti Airtel
The telecom operator is the tenth most-valuable company with a market capitalisation of ₹4.38 lakh crore, which came down from ₹4.56 lakh crore in December last year.
Credit: Bharti Airtel