Top 10 Indian companies by market value

Top 10 Indian companies by market value
Market cap stands for the total market value of a firm’s outstanding shares of stock. Expanded as market capitalisation, it is calculated by multiplying the total number of a company’s outstanding shares by the present market price of one share.

Market cap is an important number to determine a company’s size. Since a company’s size is a very important characteristic of a company that interests the investors, the market cap of a company is calculated from time to time and analytically compared with those of other companies resembling its size.
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Extracted from Hurun Report, here are the top 10 companies in India in terms of market cap.

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1. Reliance Industries
With a market cap of ₹1,350,183.97, Reliance Industries leads the Indian Industries with the highest market cap. The multinational conglomerate company is headquartered in Mumbai and engages in a range of businesses in the textiles, telecommunications, retail, natural resources, and petrochemical sectors.

2. TATA Consultancy Services
With a market cap of ₹1,163,018.74 crores, Tata Consultancy Services (TCS) is in the second position in the Indian industries list. TCS is an IT services, business solutions, and consulting firm headquartered in Mumbai. TCS ranks among the global leaders in the IT services segment.

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3. HDFC Bank
In the third position with a market cap of ₹828,341.24 crores, HDFC Bank is among the leaders in the Indian financial and banking services firms. Incorporated in 1994, HDFC Bank was the first bank in India approved by the RBI to offer financial services in the private sector.

4. Infosys
At present, Infosys is valued at ₹598,604.10 crores in terms of the market value of the company, placing it in the sixth position among the top 10 Indian firms. Founded in 1981, Infosys is a global leader in the IT services segment.

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5. Hindustan Unilever
Hindustan Unilever has a market cap of ₹545,762.50 crores and is ranked the fourth among the top 10 Indian companies in terms of market capitalization. A leader in India’s fast-moving consumer goods firm, the company has a rich history of over 80 years. The company website says on any given day, nine out of ten Indian houses use the company’s products.

6. HDFC
The market cap of HDFC is ₹458,768.37 crores, and hence the entity is ranked in the fifth position among the top 10 Indian companies. Expanded as Housing Development Finance Corporation Limited, the Indian financial services company is Mumbai-based, with a presence in banking, general insurance, asset management, realty, education, deposits, venture capital, and others.

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7. ICICI
ICICI bank’s market cap is ₹445,206.50 crores, and hence the firm is ranked in the ninth position among the largest Indian firms. ICICI bank provides a wide range of banking products and financial services to retail and corporate customers through its group customers and a variety of channels.

8. SBI
SBI on eighth position has a market of ₹376,663.23 crores. It is an Indian multinational, public sector banking and financial services statutory body with headquarters in Mumbai, Maharashtra.

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9. Kotak Mahindra Bank
Kotak Mahindra Bank has a market cap of ₹356,849.67 crores at present, making it the eighth largest company in India. One of the leading financial institutions in the country, Kotak Mahindra Bank, has a strong presence in India and offerings a wide portfolio of banking and financial services.

10. Bajaj Finance
The Indian financial services company has a market cap of ₹338,589.27 crores at present and is ranked in the tenth position in the list. Bajaj Finance with its headquarters in Pune, Maharashtra, is focused on lending, asset management, wealth management and insurance.

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SEE ALSO:
Top 10 business women in India
Top 10 largest economies in the world
Top 10 Richest families in the India
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