As of February 17, 2024, Reliance Industrie is the most valuable company in India, with a market cap of $225 billion. Following it are Tata Consultancy Services ($179 billion) and HDFC Bank Limited ($129 billion). India’s top five most valuable companies include some of the world’s most renowned brands: ICICI Bank Limited (No. 4, $86 billion) and Infosys Limited (No. 5, $84 billion).

Overall, among India’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by Life Insurance Corporation Of India, State Bank Of India, Bharti Airtel Limited, Hindustan Unilever Limited, ITC Limited.

Which one is the most valuable in India by market cap? This list comprises the biggest companies currently in India by market cap in 2024:

India’s Largest Companies by market capitalization, 2024

Market capitalization, commonly known as market cap, refers to the total market value of a company’s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company’s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).

Add CEOWORLD magazine to your Google News feed.

Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

Thank you for supporting our journalism. Subscribe here.

For media queries, please contact: [email protected]