Reliance Industries, TCS and HDFC Bank continue to be the country’s biggest three companies by M-Cap

India’s Biggest Companies By Market Value: With a market capitalisation (M-Cap) – or market value – of Rs 13.61 lakh crore, billionaire Mukesh Ambani-led Reliance Industries continues to be the country’s most valuable company. Reliance Industries is followed by IT major Tata Consultancy Services (TCS) and top lender HDFC Bank at the second and third spots respectively. The three – Reliance Industries, TCS and HDFC Bank – together account for nearly 56 per cent of the combined market value of the country’s 10 biggest enterprises.

These are the country’s most valuable companies, as of August 7, 2020:

Reliance Industries (share price: Rs 2,146.70)

Reliance Industries remains at the top position, with a market capitalisation – also known as M-Cap – of Rs 13,60,879.96 crore.

Tata Consultancy Services (Rs 2,294.95)

TCS – the country’s largest software services company is next, with a market value of Rs 8,61,153.53 crore.

HDFC Bank (Rs 1,044)

HDFC Bank is at the third position with a market capitalisation of Rs 5,74,119.37 crore.

Hindustan Unilever (Rs 2,210.75)

Fast-moving consumer goods major HUL is next. It is valued at Rs 5,19,426.78 crore.

Infosys (Rs 950.75)

The country’s second largest IT company is at the fifth position (Rs 4,04,952.60 crore).

HDFC (Rs 1,777.95)

Mortgage lender HDFC, which has a market value of Rs 3,08,404.13 crore, is next in the list.

Bharti Airtel (Rs 560.60)

With a market value of Rs 3,05,838.55 crore, telecom major Bharti Airtel is at the seventh spot.

Kotak Mahindra Bank (Rs 1,342.10)

Private sector lender Kotak Mahindra Bank is eighth, with a market cap of Rs 2,65,584.08 crore.

ITC (Rs 196.05)

Another FMCG giant, ITC, is next with a market value of Rs 2,41,182.98 crore.

ICICI Bank (Rs 357.85)

At the tenth spot is private sector lender, ICICI Bank, which has a market value of Rs 2,31,751.90 crore.