Reliance to Kotak – Top 10 companies by valuation in India, according to Hurun

Feb 12, 2024

By: Sourabh Jain

Top 10 companies as per Hurun

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.

Credit: Canva

Reliance Industries

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.

Credit: Reliance-Industries

Tata Consultancy Services

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.

Credit: IANS

HDFC Bank

Credit: BCCL

ICICI Bank

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.

Credit: BCCL

Infosys

Credit: Infosys

Bharti Airtel

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.

Credit: BCCL

ITC

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.

Credit: ITC

Larsen & Toubro

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.

Credit: Larsen-Toubro

HCL

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.

Credit: BCCL

Kotak

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.

Credit: BCCL

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