Top 10 Indian companies by market cap | May 2024

Here's a look at Top 10 Indian companies in terms of their market cap as of May 2024

Reliance Industries

Reliance Industries, the bellwether company, was valued at Rs 19,34,717.12 crore, after tanking by Rs 67,792.23 crore, as of May 31.

TCS

IT major TCS, the second largest in terms of market cap, plummeted by Rs 65,577.84 crore to Rs 13,27,657.21 crore on May 31.

HDFC Bank

India's third largest company is HDFC Bank, the biggest bank in the country, which zoomed Rs 10,954.49 crore to touch an mcap of Rs 11,64,083.85 crore last week.

ICICI Bank

ICICI Bank, the second largest bank in terms of valuation, saw its market cap tumbling by Rs 8,078.11 crore to hit Rs 7,87,229.71 crore.

Bharti Airtel

Telecom major Bharti Airtel witnessed a loss of Rs 9,503.31 crore to hit a valuation of Rs 7,78,335.40 crore. It is the fifth largest company in the country

State Bank of India

State Bank of India (SBI), the largest PSU, soared Rs 1,338.7 crore to reach Rs 7,40,832.04 crore last week.

Life Insurance Corporation

Life Insurance Corporation (LIC) plunged by Rs 10,815.74 crore to reach an mcap of Rs 6,40,532.52 crore on May 31.

Infosys

Infosys, the second IT firm in the Top 10, saw its valuation dip by Rs 24,338.1 crore to Rs 5,83,860.28 crore last week.

Hindustan Unilever

Hindustan Unilever declined Rs 9,680.31 crore to Rs 5,47,149.32 crore amid market rout last week.

ITC

Tobacco-to-hotels conglomerate ITC saw its market cap sliding by Rs 12,422.29 crore to Rs 5,32,036.41 crore.