Indian companies have been around the news lately. Reliance raising a lot of funds from U.S based top companies such as Facebook. According to the latest news TCS and 7 other Indian companies market value has surged by 1.2 lakh crores in a week.
Let’s look at the Top 10 companies of India by its Market Value.
Reliance Industries limited
Reliance Industries was founded in the year 1973 by Dhirubhai Ambani. It is an Indian Multinational conglomerate company which has its headquarters in Mumbai. It is ranked 96th as the world’s biggest corporations in fortune global 500 list as of 2020. The company is now run by Mukesh Ambani who is the chairman and MD of Reliance Industries Limited.
Reliance Industries have different businesses which include energy and petrochemicals, textiles under reliance trends, natural resources, Reliance retail and telecommunications under JIO. It is one of the most profitable company in India. Reliance Industries Limited was the first company to cross the market capitalization of USD 200 billion. It is the first largest company in India by Market Capitalization of around INR 13 Lakh crores.
Tata Consultancy Services (TCS)
Tata Consultancy Services was founded in the year 1968 by Tata Sons. It is a subsidiary company of Tata Group. TCS is an Indian Multinational Technology company headquartered in Mumbai. TCS is the largest IT company in the world by market capitalization USD 169.2 billion.
Natarajan Chandrasekaran is the chairman of the company. Rajesh Gopinath is the MD and CEO. TCS deals with IT services and IT consultations across 46 countries. It is the second largest company in India by Market Capitalization of around INR 11 Lakh crores.
HDFC bank was founded in the year 1994. The full from of HDFC is Housing Development Finance Corporation. HDFC bank is the largest bank in India by Market Capitalization and the largest private sector bank by assets.
Sashidhar Jagadishan is the CEO of HDFC bank. It provides banking and financial services. The bank is headquartered in Mumbai. The bank has around 5,500 branches across 2,764 cities as of 30 June 2019. It is the third largest company in India by Market Capitalization of around INR 8 Lakh crores.
Infosys was founded in the year 1981 by N.R Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S.D Shibulal, K. Dinesh, N. S Raghavan and Ashok Arora. Infosys is an international multinational technology company which has its headquarters in Bengaluru.
Infosys is India’s second largest IT company. It is 569Thcompany in the world based on revenue. It provides services such as Business consulting, IT services, IT consulting and outsourcing services. It is the fourth largest company in India by Market Capitalization of around INR 5 Lakh crores.
Hindustan Uniliver Limited (HUL)
Hindustan Uniliver Limited was founded in the year 1933. It was earlier known as Hindustan Vanaspati Manufacturing company. It was named HUL after the merger with constituent groups in 1956. HUL is a consumer goods company which is headquartered in Mumbai.
HUL is a subsidiary of the British company Uniliver. Its products include foods, beverages, water purifiers and other FMCG’s. The CEO of HUL is Sanjiv Mehta. It is the fifth largest company in India by Market Capitalization of around INR 5 Lakh crores.
HDFC was founded in the year 1977. Housing Development Finance Corporation (ltd) is an Indian financial services company which has its headquarters in Mumbai. It was the first specialized mortgage company in India. HDFC is the major finance provider for housing in India.
The chairman of HDFC is Deepak Parekh, Keki Mistry is the Vice Chairman and CEO and Renu Sud is the MD of the company. HDFC also has its presence in banking, life and general insurance, venture capital, asset management, education, realty and education loans. It is the sixth largest company in India by Market Capitalization of around INR 4 Lakh crores.
ICICI Bank was founded in the year 1994. It is an Indian Multinational banking and financial service company. It has its registered office in Gujarat and its corporate office in Mumbai. Girish Chandra Chaturvedi is the CEO Sandeep Bakhshi is the MD and CEO of the company.
ICICI bank is one of the big four banks of India. It offers services such as banking services, investment banking, life and non-life insurance, venture capital and asset management. The bank has presence in almost 17 countries. It is the seventh largest company in India by Market Capitalization of around INR 4 Lakh crores.
Kotak Mahindra Bank
Kotak Mahindra Bank was founded in the year 2003 by Uday Kotak. It is an Indian Private Sector bank which has its headquarters in Mumbai. Kotak Mahindra Bank is the third largest bank by Market Capitalization
It has 1600 branches across India. It offers banking and financial services such as investment banking, life insurance, personal finance and wealth management. It is the eighth largest company in India by Market Capitalization of around INR 3 Lakh crores.
State Bank of India was founded in the year 1806 as Bank of Calcutta and later renamed as State Bank of India in 1955. It is one of the oldest banks in India. SBI is an Indian Multinational public sector bank. It has its headquarters in Mumbai. It is the 43rd largest bank worldwide.
Dinesh Kumar Kana is the chairman of SBI. The bank has around 22, 141 branches around the country. It is the ninth largest company in India by Market Capitalization of around INR 3 Lakh crores.
Bajaj Finance Limited
Bajaj Finance limited was founded in the year 1987 by Rahul Bajaj. It is a subsidiary of Bajaj FinServ. Bajaj Finance provides financial services such as consumer finance, SME lending, commercial lending and wealth management.
The company has 294 consumer branches and 497 in rural locations. It also provides mutual fund services and fixed deposit services. It is the tenth largest company in India by Market Capitalization of around INR 3 Lakh crores.
Which is the most valued company in India?
Reliance Industries is the most valued company in India.
Which company has highest market value?
Johnson & Johnson (United States) has the highest market value, with the Market capitalization of 395.3 billion U.S. dollars.
Which is the Largest company in India?
Indian Oil Corporation is the largest company in India, according to Forbes.
The market value of a company is nothing but the market capitalization. It is calculated by multiplying the market value of the share price of a company into total number of shares of the company. The share price of the company would keep fluctuating and hence the position of the top 10 companies will also keep fluctuating.