India is home to a variety of companies, big and small. But a select few have made it to the top of the totem pole. The most valuable companies in India are all publicly listed, and present the greatest value to their shareholders. TCS is at the top of the list of the most valuable Indian companies in terms of market capitalization.
Here’s the list of the most valuable Indian companies.
- TCS – The Mumbai based multinational IT service provider is the biggest and most valuable company in India, and placed among the ‘Big 4’ most valuable IT service brands worldwide. Its current market capitalization is Rs. 433,789,71 crore, and is the most valuable company in India.
- Reliance – This Indian conglomerate is on the Fortune list of world’s biggest corporations and second most valuable company in India. Its market capitalization is Rs. 342,977,60 crore, and is second on the list of the most valuable Indian companies.
- HDFC Bank – The largest bank in India by market capitalization, HDFC is the third most valuable company right now. This Mumbai based banking and financial services company has about 87,555 employees and operates in Bahrain, Hong Kong and Dubai as well. Its market capitalization is Rs. 300,258,03 crore.
- ITC – Established in 1910, Imperial Tobacco Company of India Limited became ITC Ltd. in 1974. Headquartered in Kolkata, ITC operates diversified businesses including FMCG, hotels, paperboards, packaging, agri business and IT. Its market capitalization is Rs. 281,836,29 crore.
- ONGC – Based in Dehradun, Uttarakhand, ONGC is a Public Sector Undertaking Indian multinational oil and gas company that produces 77% of India’s crude oil and 62% of its natural gas. Its Rs. 261,798,00 crore market capitalization makes it the fifth most valuable company in India.
- Infosys – The business consulting, information technology and outsourcing services provider is the third largest IT company in India and fifth largest employer of H-1B visa in the United States. Its market capitalization is Rs. 227,397,52 crore.
- SBI – State Bank of India has a rich history tracing back to British India and currently operates as a Government-owned corporation. The public sector bank has 14,000 branches, 19 foreign offices across 36 countries and assets of Rs. 20,480 trillion. Its market capitalization is Rs. 204,238,66 crore.
- HDFC – Housing Development Finance Corporation Limited or HDFC is an Indian financial conglomerate and major provider of housing finance in India. Its businesses include banking, life insurance, asset management, venture capital and education loans. Its market capitalization of Rs. 199,672,08 makes it the eighth most valuable company in India.
- Coal India – Coal India Limited or CIL is a state-controlled coal mining company based in Kolkata and the largest producer of coal in the world. The company contributes nearly 82% of the coal production in India. Its market capitalization is Rs. 186,553,82 crore.
- HUL – Established in 1934, Hindustan Unilever Limited or HUL’s major line of products include food, beverages, cleaning agents, personal care products and water purifiers. 67% of its controlling share is owned by Anglo-Dutch company Unilever. Its market capitalization of Rs. 178,660,88 crore makes it the tenth most valuable company in India.