These are top ten companies in India based on their market value

The market value of a company is determined by the value a financial community assigns to a particular equity or a firm. Elements like companys’ sectors of operation, profitability, debt loan and the overall market environment influences a company’s market value. In this article, we have listed down the top ten companies in India based on their market value.

1. Tata Consultancy Service: TSC is a Mumbai-based global information technology services and consulting corporation with a market capitalization USD 200 billion. It is one of the world’s largest IT service company and the second-largest company in India by the market value. Additionally, it is known as the most valuable IT service brands in India.
2. Hindustan Uniliver: Hindustan Uniliver has a market valuation of Rs 539,947 crores. It’s one of the most fast-moving consumer goods business. The company was formed in 1931 as Hindustan Vanaspati Manufacturing Co., later it was renamed as Hindustan Uniliver in June 2007. Currently, HUL has more than 44 product brands across 14 categories in its portfolio.
3. Infosys: Infosys Limited is an Indian multinational IT company that specializes in information technology, business consulting, and outsourcing. Infosys is valued at Rs 747,299 crores in market value. The company was founded in 1981 and currently it’s one of the global leaders in IT service industry.
4. Reliance Industries: Reliance Industries is India’s most valuable company with a market capitalization of Rs 1,611,575 crores. The Mumbai-based Indian multinational conglomerate operates in diversified fields ranging from energy, natural gas, petrochemicals, retail, telecommunications, textile and more. Additionally, it is India’s tenth largest employer, employing nearly 236,000 people.
5. HDFC Bank: A Mumbai-based Indian banking and financial service corporation, HDFC is India’s largest private sector bank with a market capitalization of USD 122.50 billion. It is the third-largest firm on the Indian stock exchange. In 2020, the bank partnered with the payment app Paytm for providing credit cards powered by Visa’s global card network.
6. ICICI Bank: It has a market capitalization of Rs 563,557 crores. ICICI has a comprehensive range of banking products and financial services. The bank currently operates in 17 countries and has 5,275 branches and 15,589 ATM’s in India.
7. India Tobacco Company Limited (ITC): The Indian Tobacco Company is an Indian company based in Kolkata. The company was founded in 1910, and currently it operates in hotels, FMCG, software, agriculture, among others. Its products are sold to over 6 million retail places worldwide. The market capitalization of ITC is USD 35 billion.
8. State Bank of India (SBI): SBI is India’s largest public sector bank with a market capitalization of Rs. 4, 74,878 crores. In 2020, SBI ranked 221^st on the Fortune Global 500 list of the ‘world’s largest companies for 2020. ‘
9. Bharti Airtel: It is an Indian telecommunications company headquartered in New Delhi. In February 2022, company’s market capitalization was recorded USD 56.33 billion. Currently, it operates in 18 South Asian and African nations and the Channel Islands.
10. Bajaj Finance: Bajaj finance is a loan, asset management, wealth management, and insurance management company with a market capitalization of Rs 436,323 crores. The company operates in consumer financing, and offers general insurance and life insurance. Bajaj Finance employs over 20,154 people across India.