Here are the top 8 highest market capital companies in India in the current year 2021:
1. Reliance Industries
Reliance Industries Limited (RIL) is an Indian multinational company headquartered in Mumbai, currently headed by Mukesh Ambani. The company was co-founded by Dhirubhai Ambani and Champaklal Damani in the 1960s as Reliance Commercial Corporation.
Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India. The market capitalization value of RIL is Rs. 13,76,351 Crores with a current price of Rs. 2,035.45.
2. TATA Consultancy Services
Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) service and consulting company headquartered in Mumbai, Maharashtra, India. It is a subsidiary of Tata Group and operates in 149 locations across 46 countries.
TCS is the biggest IT company in India and the second-largest Indian company by market capitalization. TCS is now placed among the most valuable IT services brands worldwide. The market capitalization value of TCS is Rs. 11,71,674 Crores with a current price of Rs. 3,167.50.
3. HDFC Bank
HDFC Bank is an Indian banking and financial services company that was incorporated in 1994, with its registered office in Mumbai, India. Its first corporate office at Sandoz House, Worli was inaugurated by the then Union Finance Minister, Manmohan Singh. It is the largest private bank in India.
As of March 2020, it had a base of 1,16,971 permanent employees with 5,130 branches across 2,764 cities. It is India’s largest private sector lender by assets and market capitalization. It has a market capitalization value of Rs. 7,88,769 Crores with a current price of Rs. 1,425.80.
Infosys Limited is an Indian multinational corporation that provides business consulting, information technology, and outsourcing services and was originally founded in 1981.
It is the second-largest Indian IT company after Tata Consultancy Services with its headquarters in Bangalore, Karnataka, India. The market capitalization value of Infosys is Rs. 6,82,678 Crores with a current price of Rs. 1,610.25.
5. Hindustan Unilever
Hindustan Unilever Limited (HUL) was established in 1933. It is a British-Dutch manufacturing company headquartered in Mumbai, India. Its products include foods, beverages, cleaning agents, personal care products, water purifiers, and consumer goods.
As of 2020 Hindustan Unilever’s portfolio had 35 product brands in 20 categories with 18,000 employees and sales of Rs. 47,029 crores in 2020-21. The market capitalization value of Hindustan Unilever is Rs. 5,48,405 Crores with a current price of Rs. 2,334.05.
Housing Development Finance Corporation Limited (HDFC) is an Indian financial services company founded in 1977 as the first specialized mortgage company in India based in Mumbai. It is a major provider of finance for housing in India.
HDFC also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits, and education loans. The market capitalization value of HDFC is Rs. 4,40,739 Crores with a current price of Rs. 2,440.75.
ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai and its registered office in Vadodara, Gujarat. It offers a wide range of banking products and financial services in the areas of investment banking, life, non-life insurance, venture capital, and asset management.
ICICI Bank has 5,275 branches and 15,589 ATMs across India and has a presence in 17 countries including India as of February 2020. The market capitalization value of ICICI bank is Rs. 4,72,849 crores with a current price of Rs. 682.70.
State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. SBI has a 23% market share by assets and a 25% share of the total loan and deposits market.
SBI has 22,141 branches and 58,555 ATMs as of 2020. The current market capitalization value of the State Bank of India is Rs. 3,85,275 crores with the latest share price of Rs. 431.70.
Edited by Aishwarya Ingle