TOP 7 RICHEST AND BIGGEST COMPANIES IN INDIA 2021.
We will present to you the top 7 companies based on market capitalization in 2021 in India.
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 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. We will share with you the top 7 companies based on their market cap in India 2021 India.
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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 India 1960s as a reliance commercial corporation. Reliance owns a business across India engaged in energy, petrochemical, textile, natural resources, retail, and telecommunications. It is one of the 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 SERVICE (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 brand 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 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 asset and 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 consulting information technology and outsourcing services—the company after TCS with its headquarters in Bangalore, 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 LIMITED (HUL)
It is a British-dutch manufacturing company headquartered in Mumbai, India. Its products include food beverages, cleaning agents, personal care products, water purifiers, and consumer goods. In 2020, this company had 35 products 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 significant provision of finance for housing in India. HDFC is also engaged in banking life and general insurance, asset management, venture capital reality, education, deposit, 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 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 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.
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