Top 10 Companies In India By Market Capitalisation
Top 10 Companies In India By Market Capitalisation
The Indian Stock Market is one of the most affluent places that everyone should explore. A lot of financial terms and concepts play an essential role in the lives of investors, so they know when to invest and where not to invest. But, finding out how much a company is worth for the right investment is an arduous task and often difficult to achieve.
No worries! We are here to introduce you to the appropriate solution to help you accomplish this. How?
Let’s understand what market capitalization is and how it assists you to get the most accurate judgment about a company's performance.
What is Market Capitalisation?
Market Capitalization- A crucial concept that helps investors to determine the true value of a company.
Market Capitalisation is a term used to describe the market value of an organization that is established from its current share price and the total number of its outstanding shares. In addition to being one of the most prominent characteristics of a company, it is also helpful for potential investors to be aware of the risks while investing in the company's stocks.
Initial public offerings (IPOs) are the first step in establishing a company's market cap.
Before launching an IPO, the company that is planning to go public hires an investment bank to carry out valuations in order to analyze its value and decide how many shares will be given to the public and at what cost.
When a company launches its IPO and begins trading publicly, the price completely depends on the supply and demand chain for its shares in the market. When favorable factors cause high demand for the company's shares, the price would increase. Sellers of the stock may drive the stock price down if they do not think the company has growth potential in the future.
Thus, the market cap becomes an estimate of the company's value in real-time.
How to Calculate the Market Capitalisation?
Market capitalization is one of the simplest and easiest ways of evaluating a company’s value by deriving what the market actually considers its worth for companies who trade on the exchanges.
Here is what you need to do for estimating the market capitalization value-
- Firstly, you should know the share price when you use the mathematical formula for calculating the market cap. You can put the correct value there.
- After collecting the correct information, add the value as per the market capitalization formula-
The Market Capitalisation Formula-
Using the multiplication method, multiply the share price by the number of available shares.
Market Capitalisation Formula= Share Price x Shares Outstanding
List of top 10 Companies in India by Market Capitalisation-
1). Reliance Industries (RIL)
Established in the 1960s as Reliance Commercial Corporation but now known as Reliance Industries Limited, it is an Indian multinational conglomerate organization headquartered in Mumbai. Reliance has various ventures across the country in different sectors including energy, petrochemicals, textiles, natural resources, retail, and telecommunications.
The market capitalization of Reliance Industries Limited is Rs 1,822,513.89 Crores with a current stock price of 2647.75
2). Tata Consultancy Services Limited (TCS)
Tata Consultancy Services Limited (TCS) is one of India's biggest IT companies and the second-largest Indian company in terms of market capitalization. TCS is now ranked as one of the most valuable IT service brands in the world.
The market capitalization of TCS is Rs 1,233,704.06 Crores with a current stock price of Rs 3359.00
3). HDFC Bank
Founded in 1994, HDFC Bank is an Indian private banking and financial services company headquartered in Mumbai, India. It is one of the largest private banks in India with 5,130 branches across 2,764 cities. With assets and market capitalization, this bank is India's largest private lender.
The market capitalization of HDFC Bank is Rs 768,618.79 Crores with a current stock price of Rs 1399.00
Infosys limited was corporated in 1981 and its headquarters are located in Bangalore, Karnataka, India. The company engaged in multiple sectors including business consulting, information technology, and outsourcing services. Infosys is always in the limelight as it is the second-largest Indian IT company after TCS.
The market capitalization of Infosys is 631,348.05 Crores with a current stock price of Rs 1500.55
Hindustan Unilever Limited (HUL) was founded in 1933. It is the fastest-moving consumer goods company headquartered in Mumbai, India. The company has offered a wide range of consumer products including beverages, cleaning products, skincare products, personal care products, water purifiers, foods, and a lot more.
The market capitalization of HUL is 545,810.05 Crores with a current stock price of Rs 2323.00
6). ICICI Bank
India's largest multinational banking and financial services company, ICICI Bank is located in Mumbai with a registered office in Vadodara, Gujarat. A wide range of banking products and financial services are offered, including investment banking, life insurance, non-life insurance, and venture capital.
It is one of the largest private banks with 5,275 branches and 15,589 ATMs across the country.
The market capitalization of ICICI Bank is 523,910.11 with a current stock price of Rs 753.50
7). LIC India
On 19th June, the Life Insurance Corporation Of India was started. It is a consolidated business of 245 private life insurance companies.
LIC is one of the largest financial institutions with a maximum 64.1% share in the insurance sector in India. Also, it owns double-digit shares in numerous publicly traded companies worth over $80 billion.
The market capitalization of LIC India is 514,538.56 Crores with a current stock price of Rs 813.50
As the first specialized mortgage company in India, Housing Development Finance Corporation Limited (HDFC) was founded in 1977 in Mumbai. HDFC is one of the largest housing finance companies in the country. Apart from this, the company also deals in the banking sector, life insurance, firm capital, education, deposits, and loans.
The market capitalization of HDFC is Rs 422,501.03 Crores with a current stock price of Rs 2329.20.
9). SBI (State Bank Of India)
Founded in 1885, the State Bank of India (SBI) is an Indian multinational and statutory body providing banking and financial services headquartered in Mumbai, Maharashtra. In terms of assets, SBI has a market share of 23%, and in terms of loans and deposits, it is at 25%.
The market capitalization of State Bank of India is 420,170.71 Crores with a current stock price of Rs 470.80.
10). Bharti Airtel
Indian telecommunications services business Bharti Airtel Limited, also known as Airtel, is headquartered in New Delhi. Airtel offers 2G, 4G LTE, and 4G+ mobile services, fixed-line broadband, and voice services. Additionally, Airtel's VoLTE technology has been rolled out across all Indian telecom circles.
It is the second-largest mobile network operator in India and the third-largest in the world.
The market capitalization of Bharti Airtel is 390,216.87 Crores with the current stock price of Rs 698.05.
Disclaimer: This data is updated in June 2022. Changing stock prices will affect market capitalization in the future. Therefore, the list of top 10 companies in India by market capitalization may also change in the future.