Top 10 Indian companies
The market cap is used for the total market value of the remaining shares of the firm. Extended as market capitalization, it is calculated by multiplying the total number of outstanding shares of a company by the current market price of one share.
Market cap is an important number in determining the size of a company. The size of a company is a very important characteristic of a company that is of interest to investors, so the company's market cap is calculated periodically and analytically compared to other companies like its size.
Here are the top 10 companies in India in terms of market cap.
1. Reliance Industries
With a market cap of INR 1,507,404, Reliance Industries leads the Indian industry with the highest market cap. The multinational conglomerate is headquartered in Mumbai and runs various businesses in the textile, telecommunications, retail, natural resources, and petrochemical sectors.
2. Tata Consultancy Services
With a market cap of Rs 9,35,394 crore, Tata Consultancy Services (TCS) ranks second in the list of Indian industries. TCS is an IT services, business solutions, and consulting firm headquartered in Mumbai. TCS ranks among the global leaders in the IT services segment.
3. HDFC Bank
In third place with a market cap of Rs 5,92,659 crore, HDFC Bank is among the leaders of Indian financial and banking services companies. Founded in 1994, HDFC Bank was the first bank in India to be approved by the RBI to provide financial services to the private sector.
4. Hindustan Unilever
Hindustan Unilever has a market cap of Rs 5,00,925 crore and ranks fourth among the top 10 Indian companies in terms of market capitalization. The leader of India's fastest-moving consumer goods company, the company has a rich history of more than 80 years. On any given day, nine out of ten Indian households use the company's products, the company website says.
5. Infosys
At present, Infosys has valued at Rs 4,20,210 crore in terms of market value, ranking it sixth among the top 10 Indian companies. Founded in 1981, Infosys is a global leader in IT services.
6. HDFC
HDFC has a market cap of Rs 3,14,280 crore, making it one of the top five Indian companies. Extended as Housing Development Finance Corporation Limited, the Indian financial services company is based in Mumbai, with a presence in banking, general insurance, asset management, realty, education, deposits, venture capital, and others.
7 - Bharti Airtel
Ranked seventh in the list, Bharti Airtel has a market capitalization of INR 2,62,985 crore. Bharti Airtel is a leading global telecommunications company operating in 18 countries in Africa and Asia. It is the second-largest telecom service provider in India.
8. Kotak Mahindra Bank
Kotak Mahindra Bank currently has a market cap of Rs 2,62,878 crore, making it the eighth largest company in India. Kotak Mahindra Bank, one of the leading financial institutions in the country, has a strong presence in India and offers a huge portfolio of banking and financial services.
9. ICICI
ICICI Bank has a market cap of Rs 2,59,151 crore, making it the ninth-largest Indian company. ICICI Bank provides a wide range of banking products and financial services to its group customers and retail and corporate customers through various channels.
10. ITC
ITC ranks tenth among the top 10 Indian companies in terms of market capitalization value. ITC has a market cap of Rs 2,22,715 crore. ITC FMCG is a major player in the private sector in hotels, packaging, paperboard, and specialty papers, and agribusiness.
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