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List of most valuable companies in India

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The most valuable companies in India:[1][2][3][4][5][6][7][8][9][10][11][12][13][excessive citations]

Top 10 companies in India in 2023] by market capitalization:[14][15][16]

Rank Company name Sector Market capitalization (Rs Lakh Cr)
1 Reliance Industries Oil exploration and production 15.66
2 TATA Consultancy Services (TCS) Information technology 12.19
3 HDFC Bank Banking 11.29
4 ICICI Bank Banking 6.54
5 Hindustan Unilever (HUL) Consumer goods 5.81
6 Infosys Information technology 5.70
7 ITC Consumer goods 5.43
8 Bharti Airtel Telecommunications 5.25
9 State Bank of India (SBI) Banking 5.18
10 Bajaj Finance Financial services 4.46

2021

Top 10 companies in India in 2021 by market capitalization:[17][15][16]

Rank Company name Market capitalization (Rs Cr)
1 Reliance Industries Limited 14,23,372.44
2 Tata Consultancy Services 12,81,372.44
3 HDFC Bank 8,44,408.61
4 Infosys 7,26,200.07
5 Hindustan Unilever 5,65,520.23
6 ICICI Bank 4,88,520.23
7 HDFC 4,88,220.23
8 State Bank of India 3,85,200.95
9 Bajaj Finance 3,71,425.80
10 Kotak Mahindra Bank 3,54,596.85
11 Bharti Airtel 3,50,592.40
12 Wipro 3,37,444.00
13 HCL Technologies 3,04,464.43
14 Asian Paints 2,87,444.99
15 ITC Limited 2,60,444.99

2021

Top 10 companies in India in 2021] by market capitalization:[17][15][16]

Rank Company name Market capitalization (Rs Cr)
1 Reliance Industries Limited 14,23,372.44
2 Tata Consultancy Services 12,81,372.44
3 HDFC Bank 8,44,408.61
4 Infosys 7,26,200.07
5 Hindustan Unilever 5,65,520.23
6 ICICI Bank 4,88,520.23
7 HDFC 4,88,220.23
8 State Bank of India 3,85,200.95
9 Bajaj Finance 3,71,425.80
10 Kotak Mahindra Bank 3,54,596.85
11 Bharti Airtel 3,50,592.40
12 Wipro 3,37,444.00
13 HCL Technologies 3,04,464.43
14 Asian Paints 2,87,444.99
15 ITC Limited 2,60,444.99

2018

Top 10 companies in India in 2018 by market capitalization. Some companies are part of a conglomerate, which makes the parent company much more valuable than its listed entities.[18]

Rank Company name Market capitalization (Rs Cr)
1 Reliance Industries Limited 6,04,372.44
2 HDFC Bank 5,16,408.61
3 HDFC 3,94,520.23
4 Infosys 3,25,200.07
5 Kotak Mahindra Bank 3,21,200.95
6 Maruti Suzuki 1,88,425.80
7 Bharti Airtel 1,58,596.85
8 Axis Bank 1,33,592.40
9 HCL Technologies 1,29,464.43

2016-17

RankFirst quarter (Rs cr)Second quarter (Rs cr)Third quarter (Rs cr)Fourth quarter (Rs cr)
1ONGC
2,95,421.07
Reliance Industries Limited
2,90,890
2Reliance Industries Limited
2,92,735.48
ITC
2,77,498.48
3ITC
2,85,237.07
ONGC
2,67,658.51
4Infosys
2,48,529.34
Infosys
2,52,755.72
6Coal India
2,44,664.38
HDFC Bank
2,48,376.55
7State Bank of India
2,43,606.80
Coal India
2,40,021.85
8ICICI
2,12,037.53
Sun Pharmaceutical
2,38,225.27
9HDFC
2,02,001.90
HDFC
2,04,576.85

2017-18

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