Data published by International Monetary Fund in 2021 says India is the sixth-largest economy in the world in terms of GDP which is valued to be worth US$ 3.04 trillion and is estimated to have a GDP growth rate of 9.5% in the upcoming year.
A company is generally assessed on basis of different parameters such as assets, profits, revenue, sales, market value, share price, etc, and is ranked accordingly.
Every company’s goal is to get better in terms of product, service quality, and customer satisfaction they offer.
Market Capitalization
Market Capitalization is the combined valuation of the company based on its current share price and a total number of outstanding stocks.
Market Capitalization is the topmost attribute that makes ease for investors to determine the returns and risk in the share. Market capitalization helps the investors to choose the stock that meets their risk and diversification criterion.
For example, A company has 10 million outstanding shares and the current market price of each share is Rs50. Market Capitalization of company will be 100,00,00*50 = Rs50 crore.
Highest Market Value Companies in India:
1. Reliance Industries
Reliance Industries Ltd is an Indian multinational conglomerate company which is based in Mumbai. It is one of the most profit-making companies in India.
Reliance Industries dominates the Indian industries with the highest market cap of ₹1,795,732.38 crores.
Reliance has 236,000 employees as of 2021 which marks him as the 10th largest employer in India.
On the Fortune Global 500 list, the company is ranked at 155th position. Reliance has a diverse business which includes Petrochemicals, Natural Gas, Energy, Retail, Telecommunication, Mass Media, and Textiles.
Reliance is India’s largest exporter. 8% accounting for India’s total merchandise exports and access to markets in over 100 countries.
Reliance is India’s first company to cross 100Bn$ in revenues.
2.TATA Consultancy Services
TCS is an Indian MNC IT services and consulting company based in Mumbai. TCS is a part of Tata Group which operates in 149 locations across 46 countries.
TCS stands in the second position in the Indian Industries list with a market cap of ₹1,396,835.78 crores.
In 2018 TCS ranked eleventh on the Fortune India 500 list. TCS is the first Indian IT company to reach $100 billion in market capitalization in April 2018.
3.HDFC Bank Ltd
HDFC Bank is India’s largest private sector bank by assets and the world’s 10th largest bank by market capitalization of $98.98 Billion as of June 2022.
HDFC Bank is the fifteenth largest employer in India with 120,000 employees.
HDFC Bank was established in 1994 as a subsidiary of the Housing Development Finance Corporation with its registered office in Mumbai. The first corporate office was inaugurated by the Union Finance Minister Manmohan Singh.
HDFC Bank offers different products and services which also include Wholesale Banking, Retail Banking, Treasury Auto Loans, Two-wheeler loans, Personal loans, Consumer Durable Loans, etc.
4.Infosys.
Infosys is an Indian MNC that was founded in Pune by 7 Engineers with a capital of $250 in 1981 and is headquartered in Bangalore.
Infosys has a market capitalization of $74.48 Billion as of June 2022. Revenue wise Infosys is the second-largest Indian IT company after TCS and the 602nd largest public company in the world according to Forbes Global 2000 ranking.
Infosys offers Business Consulting, Information Technology, and Outsourcing services.
5.ICICI Bank.
ICICI bank was incorporated in 1994 in Vadodara India. ICICI bank offers different banking products and financial services for corporate and retail customers.
ICICI Bank’s market cap is ₹513,166.77 crores and is ranked in 5th position among Indian firms.
ICICI Bank has subsidiaries in Canada and UK and branches in the US, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai, China, and South Africa.
6.Hindustan Unilever
Hindustan Unilever is India’s largest fast-moving consumer goods company headquartered in Mumbai. It includes Home & Personal care products, Foods, and Beverages.
Hindustan Unilever has a market capitalization of ₹494,823.92 crores and stands at 6th position among the top 10 Indian companies in terms of market cap.
So, India is basically the hub of opportunities with huge potential with so many multinational conglomerates.
India accounts for 7.1% of the world’s GDP behind only the China and United States of America.