Feb 12, 2024By: Sourabh Jain
Here are the top 10 companies with the highest value as per the 2023 Burgundy Private Hurun India 500 list. Out of the ten companies, three companies have reported a year-on-year decline.
Mukesh Ambani-led Reliance Industries continues to top the list with a value of ₹15.65 lakh crore. The company reported a decline of 9.3 percent year-on-year in 2023.
IT giant Tata Consultancy Services is India’s second biggest company with a value of ₹12.36 lakh crore. The company has reported a 5.8 percent growth in 2023.
ICICI Bank has improved its ranking to reach the fourth position with a value of ₹6.48 lakh crore. The company has reported a growth of 2.3 percent in the past year.
Bharti Airtel, one of India’s biggest telecom operators is on the sixth position with a value of ₹5.56 lakh crore. The company has reported a growth of 13.5 percent in the last one year.
FMCG and hospitality giant ITC has climbed up to the seventh position vacated by HDFC. The company is valued at ₹5.37 lakh crore and reported a growth of 24.2 percent in the last year.
Construction giant Larsen & Toubro is a new entrant in the top 10 companies and occupies the eighth position. The company is valued at ₹4.02 lakh crore and has reported a 41.5 growth over the last year.
IT giant HCL is another addition to the top ten and is valued at ₹3.43 lakh crore. HCL, founded by Shiv Nadar, reported a growth of 21.5 percent in the last one year.
Kotak is the third new entrant to the top 10 most valuable companies list. The company has a value of ₹3.41 lakh crore and reported a decline of 9.6 percent in the last year.