Market Capitalization is the aggregate valuation of the company based on its current share price and the total number of outstanding stocks. It is calculated by Market capitalization = (Current market price of 1 share)*(total number of outstanding shares). It helps to classify the companies into different types like large-cap, mid-cap, small-cap companies. The companies with a market cap of Rs 28,500 crores or more are large-cap stocks. Now we will share with you the top 10 companies based on their market cap in 2021 in India.
1. Reliance Industries limited
This company is an Indian multinational industry headquartered in Mumbai, headed by Mukesh Ambani. The company was co-founded by Dhirubhai Ambani and Champaklal Damani in the 1960s as Reliance Commercial Corporation. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. It is one of the most profitable companies in India. the market capitalization of this company is Rs 14,20,338 crores with a current price of Rs 2,100.45.
2. Tata Consultancy Services (TCS)
This company is an Indian multinational information technology (IT) services and consulting company headquartered in Mumbai, Maharashtra, India. It is the second-largest Indian company by market capitalization. TCS is now the most valuable IT services brands worldwide. Tata Consultancy Services’ market capitalization is Rs 11,66,503 crores with a current price of Rs 3,108.70.
3. HDFC Bank Limited
This company is an Indian banking and financial services company that was incorporated in 1994, with its registered office in Mumbai, India. In March 2020, this company had a base of 1,16,971 permanent employees with 5,130 branches across 2,764 cities. HDFC is India’s largest private sector lender by assets and market capitalization. It is has a market capitalization of Rs 8,33,676 crores with a current price of Rs 1,512.80.
4. Infosys
This is an Indian multinational corporation that provides business consulting information technology and outsourcing services. The company is India’s second-largest IT company after TCS with its headquarters in Banglore, Karnataka, India. The market capitalization of this company is Rs 5,89,781 crores with a current price of Rs 1,384.25.
5. Hindustan Unilever (HUL)
It is a British-Dutch manufacturing company headquartered in Mumbai, India. Its products include foods, beverages, cleaning agents, personal care products, water purifiers, and consumer goods. In 2020, This company had 35 product bands in 20 categories with 18,000 employees and sales of Rs 39,783 crores in 2019-20. The market capitalization of the company is Rs 5,27,195 crores with a current price of Rs 2,243.80.
6. Housing Development Finance Corporation (HDFC)
It is a financial services company founded in 1977 as the first specialized mortgage company in India based in Mumbai. It is the major provider of finance for housing in India. HDFC is also engaged in banking, life and general insurance, asset management, venture capital, reality, education, deposits, and education loans. The market capitalization of this company is Rs 4,52,818 crores with a current price of Rs 2,510.75.
7. ICICI Bank
This company is an Indian multinational and financial services company headquartered in Mumbai and its registered office in Vadodara, Gujarat. This bank offers a wide range of banking products and financial services in the areas of investment banking, life, non-life insurance, venture capital, and asset management. The market capitalization is Rs 4,11,369 crores with a current price of Rs 594.90.
8. Kotak Mahindra
This company is an Indian private sector bank headquartered in Mumbai, India. Kotak Mahindra offers products and financial services in the areas of personal finance, investment banking, general insurance, life insurance, and wealth management. It has a market capitalization of Rs 3,77,261 crores with a current price of Rs 1,903.80.
9. State Bank of India (SBI)
This company is an Indian multinational public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. It has 22,141 branches and 58,555 ATMs as of 2020. The market capitalization of this company is Rs 3,37,451 crores with the latest share price of Rs 378.45.
10. Bajaj Finance
It is an Indian non-financial company (NBFC). This company deals in consumer finance, small and medium-sized enterprises (SME) and commercial lending, and wealth management. It is headquartered in Pune. Bajaj Finance Limited has 294 consumer branches and 497 rural locations with over 33,000+ distribution points. The market capitalization of this company is Rs 3,29,434 crores with a current price of Rs 5,467.00.
