# List of most valuable companies in India

The most valuable companies in India:

## 2023

Top 10 companies in India in 2023] by market capitalization:
| Rank | Company name | Sector | Market capitalization (Rs 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:
| 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:
| 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 Conglomerate (company), which makes the parent company much more valuable than its listed entities.
| 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

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

## 2017-18

| Rank | First quarter(Rs cr) | Second quarter(Rs cr) | Third quarter(Rs cr) |
| 1 | TCS 5,10,209.46 | TCS 5,08,985.26 | TCS 4,80,616 |
| 2 | Reliance Industries Limited 3,25,828.41 | Reliance Industries Limited 2,80,609.84 | Reliance Industries Limited 3,00,000.9 |
| 3 | HDFC Bank 2,69,843.63 | Infosys 2,72,796.63 | HDFC Bank 2,73,852.23 |
| 4 | ONGC 2,64,706.86 | HDFC Bank 2,69,849.59 | Infosys 2,53,709 |
| 5 | Coal India 2,67,245.38 | ITC 2,66,078.31 | Coal India 2,07,618.89 |
| 6 | ITC 2,52,889.64 | Sun pharmaceutical 2,12,216.86 | ONGC 2,06,957.30 |
| 7 | Infosys 2,27,386.04 | Coal India 2,06,355.62 | Sun pharmaceutical 1,97,341 |
| 8 | Sun pharmaceutical 2,09,594.26 | ONGC 1,96,647.94 | HDFC 1,99,469.29 |
| 9 | HDFC 2,07,412.69 | HDFC 1,92,635.31 | Hindustan Unilever Limited 1,86,098.57 |
| 10 | State Bank of India 2,03,417.50 | State Bank of India 1,81,437.90 | State Bank of India 1,74,196.71 |