Mukesh Ambani-led Reliance Industries Limited (RIL) is the India's ‘most valuable company’ with a market capitalisation (mcap) of ₹15.64 trillion, according to a study by Axis Bank's private banking unit Burgunddy Private, and Hurun India.

Index

Mukesh Ambani-led Reliance Industries Limited (RIL) is the India's ‘most valuable company’ with a market capitalisation (mcap) of ₹15.64 trillion, according to a study by Axis Bank's private banking unit Burgunddy Private, and Hurun India. The latest edition of the annual Burgundy Private and Hurun India 500 report is based on data from October 2022-October 2023, with Reliance Industries topping the list for the third consecutive time. Tata Consultancy Services (TCS) and HDFC Bank are the second and third most valuable companies, respectively, with a market value of ₹12.36 trillion and ₹11.25 trillion. Rounding off the top five were ICICI Bank ( ₹6.47 trillion) and Infosys ( ₹5.71 trillion). Bharti Airtel, ITC, Larsen & Toubro, HCL Technologies, and Kotak Mahindra Bank, in that order, rounded off the top 10, with their mcaps being ₹5.55 trillion, ₹5.36 trillion, ₹4.02 trillion, ₹3.43 trillion, and ₹3.41 trillion, respectively.


      The list is a compilation of the 500 most valuable private firms in the country.

      These have a combined value of ₹231 trillion and employ about 1.3% of the national workforce.

     

 

     


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