Jul 26, 2023
By: Sourabh Jain
Credit: BCCL
Reliance Industries still tops the list despite the demerger of Jio Financial Services. It has a market cap of ₹16.82 lakh crore.
Credit: Reliance Industries
HDFC Bank is a distant second with a market cap of ₹12.79 lakh crore. The bank has emerged as the second most valuable company after the merger of HDFC and HDFC Bank.
Credit: BCCL
TCS, which recently reported a growth of 16.8 percent in net profit in Q1 is a close third on this list with a market value of ₹12.44 lakh crore.
Credit: IANS
ICICI Bank is next on the list with a market cap of ₹6.96 lakh crore. The company has beaten analyst expectations with its Q1 results after reporting a 40 percent increase in profit.
Credit: BCCL
FMCG giant Hindustan Unilever is next on the list with a market cap of ₹6.03 lakh crore. The company recently reported an increase of 6.9 percent in net profit.
Credit: HUL
ITC, another FMCG giant which recently announced the demerger of its hotel business is the sixth most valuable company in the country with a market cap of ₹5.76 lakh crore.
Credit: ITC
IT giant Infosys, which reported a 11 percent increase in profits in Q1 is the seventh most valuable company in the country with a market cap of ₹5.54 lakh crore.
Credit: IANS
State Bank of India is next on the list with a market cap of ₹5.44 lakh crore. It is expected to post strong Q1 results.
Credit: Wikipedia
Indian telecom giant Bharti Airtel is ninth on the list with a market cap of ₹5.03 lakh crore.
Credit: BCCL
Financial services giant Bajaj Finance is next on the list with a market cap of ₹4.61 lakh crore.
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