This blog post discusses the 10 top companies in India by market capitalisation, the Industry they operate, the brands they sell, and who owns the company.
How do we decide they are the top 10 companies? By Market Cap or Market capitalization.
What is Market Capitalisation?
Market Capitalization stands for the total market value of a firm in the stock market.
It is calculated by multiplying the total number of the firm’s outstanding shares by the present market price of one share.
Market Cap = Total number of outstanding shares X Current market price of a share
Market cap is a very important factor in determining the size of a company. Usually, companies with large market capitalization are perceived as safe investments by investors because of their dominant position in their sector.
Market cap of a company changes over time based on its growth in their industry or vice versa.
Top companies in India by Market capitalisation
Reliance Industries is a fortune 500 company and the largest private sector company in India.
With a Market cap of 1,584,367 Cr Reliance Industries leads as the largest firm by Market Capitalization.
The Multinational conglomerate is headquartered in Mumbai , India.
This firm has evolved from being a textiles and polyester company to an important player across energy, materials, retail, entertainment and digital services.
Reliance’s products and services portfolio touches almost all Indians on a daily basis, across economic and social spectrums.
Ambani’s family have about 50% shareholding in the conglomerate.
Read more: Top amc in india by AUM
2. TATA Consultancy services:
TATA Consultancy services stands at second in this list with a Market cap of 11,79,563 Cr.
TCS is engaged in IT services, consulting and business services. It provides it solutions by partnering with many of larger business been a part of their transformation journey in the past 5 decades.
It’s ranks as a global leader in the IT services industry and largest IT service firm in India with sales over $20 billion per annum.
TCS is headquarter in Mumbai, India. Its a part of Tata group and 70% of the company is owned by Tata sons private limited. Also more than 70% of Tata sons dividends were generated by TCS.
HDFC Bank with market cap of 9,29,584 Cr stands as one of the top companies in India by market capitalisation.
Its the largest private sector bank in India and 10th largest bank in the world by market capitalization. Also its the first private bank approved by the Reserve Bank of India(RBI).
HDFC bank was incorporated in August 1994, with its headquarter in Mumbai.
It is engaged in providing a range of banking and financial services including retail banking, wholesale banking and treasury operations.
ICICI Bank stands in the fourth position with a market cap of 6,17,560 Cr.
This Banking and financial service company is headquarter in Mumbai, India.
It offers a wide range of banking products and financial services for corporate and retail clients through a variety of delivery channels and specialized subsidiaries in the areas of life insurance, non – life insurance , asset management.
5.Hindustan Unilever Ltd:
Hindustan Unilever Ltd with a market cap of 6,06,828 Cr stands as one of the top companies in india by market capitalisation.
Its leader in the fast moving consumer goods industry in India. Its products comprises of Home care, Beauty & personal care, Foods and refreshment segments.
Its a Bristish owned Indian FMCG company with a history of more than 90 years in India.
HUL boasts nine out of ten Indian household use its products everyday.
6. Infosys Ltd:
Infosys ltd with a market cap 5,89,884 Cr stands at the sixth position.
Its the second largest IT service firm in India next to TCS with its headquarter in Bangalore.
Infosys Ltd provides consulting, R&D services, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation.
Infosys is established in 1981 at Pune, India.
7.Hosuing Development Finance Corp Ltd:
With a market cap of 4,96,338 Cr stands as one of top companies in india by market capitalisation.
Housing Development Finance Corporation Limited is an Indian financial services company based in Mumbai, India.
It is a major housing finance provider in India. It also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits and education loans
In 1977, HDFC ltd became the first housing finance company in India.
ITC Ltd with a market cap of 4,80,032 Cr stands at the eight position in this list.
Established in 1910, ITC is the largest cigarette manufacturer and seller in India with a market share of over 80%
Also ITC operates in five business segments like:
- FMCG Cigarettes
- FMCG other
- Paper & packaging
- Agri Business
80% of its profit is contributed from its cigarettes manufacturing & selling business.
9.State bank of India Ltd
State bank of India Ltd with a market cap of 4,66,578Cr stands as one of the top companies in india by market capitalisation.
State Bank of India is a Fortune 500 company.
It is an Indian Multinational, Public Sector banking and financial services statutory body headquartered in Mumbai.
It is the largest and oldest bank in India with over 200 years of history.
10. Bharati Airtel Ltd
Bharati Airtel Ltd with a market cap of 4,25,494 Cr stands at the tenth position in India.
It is headquarter in New Delhi, India.
Bharti Airtel Ltd is one of the world’s leading providers of telecommunication services with presence in 18 countries representing India, Sri Lanka, 14 countries in Africa.
Also the above companies can also be invested through Nifty 50 Index fund as this index carries the top companies in India by market capitalization.
Thank you for reading!