LIC, Jio, Reliance Retail, HDFC Bank and Maruti will make changes in the top 100 Companies of the world in market capitalization
In the coming times, many big companies of the country can be included in the list of the market capitalization of the world’s top 100 companies. Although Reliance Industries Limited (RIL) and Tata Consultancy Services (TCS) are already there. In the coming years, Reliance Jio, Reliance Retail, LIC, Maruti Suzuki and HDFC Bank are the companies that can replace the top 100 companies globally.
Combining the three companies of Reliance, globally will become a very big company in near future. K. R. MD of Vigilance Securities Deven Choksi says that due to the scale with which Jio is growing and Reliance Retail is among the top global companies in retail, we can definitely see some more Indian companies in the Global 100 companies in the coming times. When we combine Reliance Retail, Reliance Jio and Reliance Industries, it will become a very large company. But these companies will remain in global presence even when viewed separately.
India’s dominance will increase among the world’s top companies
They say that I believe that Maruti Suzuki can join global companies in the coming times. On the matter of LIC, it is definitely its most powerful contender. SMC Global MD DK Aggarwal says that there will be a boost in the Indian economy in the coming times. Awareness regarding economic expansion will increase. When companies like Reliance Retail, Reliance Jio and LIC are listed, Indian companies will definitely dominate the top 100 companies in the world. This will enhance India’s position on the global economic map.
India’s economy will be better
In the coming time, the economy of the whole world will decline, but India will grow better in the next two-three years. There will be unlocking of value, there will be a change in the situation and there will be a positive environment for companies. By the way, RIL and TCS are currently among the top 100 companies in the world in terms of market capitalization. After the closed market on Friday, Reliance Industries has a market cap of Rs 13.60 lakh crore while TCS has a market cap above 8 lakh-crore.
What will be the market cap of incoming companies?
According to analysts, when the Reliance Jio is listed, its market capitalization will be above Rs 8 lakh crore. It has sold more than 25 per cent stake. The stake sale in Reliance Retail will start now. Reliance Retail will also be listed around this market capitalization. The valuation of Jio currently stands at Rs 4.91 lakh crore. At this valuation, investors have invested money in it.
Valuation of Reliance Retail Rs 4 lakh crore
The valuation of Reliance Retail is believed to be Rs 4 lakh crore. However, the correct valuation will be known when the first investment comes in the coming weeks. Similarly, the IPO of LIC is to come in this financial year. It is the country’s largest asset-holding company after SBI. Despite not being listed in the market, it dominates. There are assets of more than 32 lakh crores. It is being said that when listed, its valuation or market cap will be above Rs 10 lakh crore. That is, it may be first or second in the country.
HDFC Bank and Maruti are also in the race
Deven Choksi says that Maruti is also ahead in this matter. Though its market cap is currently only 2 lakh crores, its share has gone up to Rs 7,755. The speculation is because it is the largest car manufacturer in the country. The focus of the youth is on it. In the changing environment, when the buying power increases, it will benefit the most. After this, HDFC Bank is also a claimant in this case. Its valuation is 6.15 lakh crores. This is two lakh crore rupees less than TCS.
56 companies of America among the world’s top 100
The US currently has 56 companies among the world’s top 100 companies. It consists mostly of technology companies. Recently 14 new companies have joined 100 companies in the world. Of these, 2 companies came through IPOs. 8 of the new 14 companies have come from the US.
Saudi Aramco’s IPO replaces top 100 companies
Saudi Aramco launched its largest IPO globally in December 2019. Now it is in terms of market capitalization in the first position. The market capitalization of the world’s top 100 companies increased 17 per cent in the June quarter compared to March 2020. It has been $ 25 trillion. The market capitalization of US companies increased by 21 per cent in June 2020 as compared to March 2020. Talking about the market capitalization of the top 100 companies, 87 companies have seen an increase in market capitalization.
M cap reduced by March but increased in the June quarter
According to the PwC report, the market capitalization of these 100 companies decreased by 15 per cent in March 2020 as compared to December 2019. Recently there has been a strong recovery in market capitalization of large companies all over the world. Also, recovery has been seen in the markets. Among them, companies in the technology and consumer services sectors are also in the top 100. Consumer companies are doing better than the industry index.
Oil and Gas Sector Affected global, presence
The market capitalization of financial and oil and gas companies increased by 5 to 10 per cent compared to March to June. The oil and gas sector has been affected the most during this period. In the meantime, Financial Services has lost 23 per cent. Consumer services grew by 16 per cent.