The current positions of the listed companies on BSE and NSE define more than 7000 companies listed on the portal. More than 5000 companies are listed in NSE, and more than 2000 companies are listed in BSE. India is the sixth-largest economy in GDP ( Gross domestic product). In this article, we will discuss the top 10 companies in India by Market Cap.
Each Company tries its best to provide the best services to their client regarding quality, product, services, and customer satisfaction. The estimation of the companies is measured on different parameters such as assets, revenue, profit, sales, market value, share price, etc., which increase its ranking.
Market Capitalization is another reason for a company to hold a position in its size; market capitalization has a major factor in the company’s growth. This article will help you provide details of the top 10 companies in India by Market Cap. Before you start with companies, you need to know exactly Market Capitalization.
- What is Market Capitalization?
- A list of Top 10 Companies in India by Market Cap is –
What is Market Capitalization?
Market Capitalization is the total value of the Company based on its current share price and the total number of outstanding stocks. The calculation of market capitalization is by multiplying the current market price of the Company’s share by the Company’s total outstanding shares.
Market capitalization = (current market price of 1 share) * ( Total number of outstanding shares).
• Market cap is an important number to define a company’s actual range. Since a company’s range is an important feature that attracts investors to invest, the market cap is calculated and analytically compared with those with the same range and position. From the reports, these are the top 10 companies of INDIA with the term of highest market capitalization.
Classifications of Market Capitalization:
The three major classifications of top 10 companies in India based on Market Capitalization are :
- Large Cap Companies
- Mid Cap Companies
- Small-Cap Companies
• In Large-cap companies, the market capitalization is more than Rs 20,000 Crores.
• A Mid company, the market capitalizations come in between Rs 5,000- 20,000 Crores.
• A Small Cap company that has a market capitalization of less than Rs 5,000 crore.
Note – Don’t judge a company’s range by looking at the share price.
A list of Top 10 Companies in India by Market Cap is –
- Reliance Industries
- TATA Consultancy Services
- HDFC Bank
- Hindustan Unilever
- Kotak Mahindra Bank
- Bajaj Finance
1. Reliance Industries:
Reliance Industries holds the first position in the top 10 companies in India by Market Cap of Rs. 15,27,635.61 crores with a current price of Rs. 2,359.45. This multinational company headquarters is in Mumbai and ranks top in textiles, telecommunications, retail, natural resources, and petrochemical sectors.
2. TATA Consultancy Services:
Holding the Second Position in the Indian Industries List, TATA Consultancy Services (TCS) has a market cap is Rs. 13,46,621.16 Crores with a current price of Rs. 3,753.90. It is an IT services, business solutions, and consultancy firm located in Mumbai. TCS holds the range among the global leader in the IT services segment.
3. HDFC Bank:
HDFC bank Holds the third position in the top 10 companies in India by market capitalization, and HDFC with a market cap of Rs. 5,01,681.49 crores with a current price of Rs. 2 278.15. HDFC ranks among the leaders in Indian financial and banking services firms. The first bank of India that RBI approved was HDFC to offer financial services in the private sector.
At present, the market value of Infosys is 7,29,892.32 crore with a current price of Rs. 1,735.00, holding the sixth position among the top 10 Indian firms. Established in 1981, Infosys is a global leader in IT services.
5. Hindustan Unilever:
They are holding the fourth position. Hindustan Unilever Limited (HUL) is another one of the top companies in India. The company was established in 1933 as a British dutch manufacturing company, and the company is situated in Mumbai, India. Hindustan Unilever with a market cap of 5,50,661.96 Crores with a current price of 2,343.65. Hindustan Unilever is the best FMCG company in India and Company has a bright history of over 80 years.
6. HDFC : Housing Development Finance Corporation Limited
They are ranking the 5th position in the top 10 Indian companies by Market Capitalization, HDFC with a market cap of 458,768.37 Crores with a current price of Rs. 1,472.40. As a best Housing Development Finance Corporation Limited, this financial service company is located in Mumbai, holding a strong position in banking, general Insurance, asset management, realty, education, deposits, venture capital, etc.
It ranks ninth in terms of the largest Indian Firms, ICICI, with a market cap of Rs. 4,97,212.78 crores with a current price of Rs. 716.30. ICICI gives a large range of banking products and financial services to retail and corporate customers through its group customers and various channels.
8. SBI : State Bank of India
They rank in the eighth position in the top 10 Companies in India by market capitalization, SBI with Rs. 4,22,267.99 Crores with a current price of Rs. 4 374.40. The company is situated in Mumbai, Maharashtra. With 23% market share by assets and 25% of the total loan deposit, SBI has ranked No. 1 in the field.
9. Kotak Mahindra Bank:
At Present, Kotak Mahindra Bank has a market cap of 356,849.67 with a current price of Rs.1,816.95, by holding it the eighth largest Company in India. Kotak Mahindra is one of the leading financial institutions in the Country. Withholding a strong position in India and offering a wide portfolio of banking and financial services.
10. Bajaj Finance:
At Present, Bajaj Finance has a market cap of Rs. 4,26,695.93 Crores with a current price of Rs. 7,069.25, holding the tenth position in the list. Bajaj finance is located in Pune; They deal in multiple segments like consumer finance, SME (small and medium-sized enterprises), commercial lending, and wealth management.
The conclusion defines the definition of market capitalization and the top 10 companies in India with the highest Market Capitalization. The ranking starts with 1. Reliance Industries, 2. TATA Consultancy, 3. HDFC Bank, 4. Infosys, 5. Hindustan Unilever, 6. HDFC, 7. ICICI, 8. SBI, 9. Kotak Mahindra Bank, 10. Bajaj Finance.