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Top 100 companies of India as per market capital: 31 March 2020


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The company was co-founded by Dhirubhai Ambani and Champaklal Damani in 1960's as Reliance Commercial Corporation. In 1965, the partnership ended and Dhirubhai continued the polyester business of the firm.[15] In 1966, Reliance Textiles Engineers Pvt. Ltd. was incorporated in Maharashtra. It established a synthetic fabrics mill in the same year at Naroda in Gujarat.[16] On 8 May 1973, it became Reliance Industries Limited. In 1975, the company expanded its business into textiles, with "Vimal" becoming its major brand in later years. The company held its Initial public offering (IPO) in 1977.[17] The issue was over-subscribed by seven times.[18] In 1979, a textiles company Sidhpur Mills was amalgamated with the company.[19] In 1980, the company expanded its polyester yarn business by setting up a Polyester Filament Yarn Plant in Patalganga, Raigad, Maharashtra with financial and technical collaboration with E. I. du Pont de Nemours & Co., U.S.[16]
RANK COMPANY Market Capitalisation Market Cap
(in billion $)
1 Reliance Industries Limited 7,06,035.79 94.138
2 Tata Consultancy Services Limited 6,85,222.97 91.363
3 Hindustan Unilever Limited 4,97,584.12 66.344
4 HDFC Bank Limited 4,72,482.32 62.997
5 Housing Development Finance Corporation Limited 2,82,357.08 37.647
6 Infosys Limited 2,73,207.50 36.427
7 Kotak Mahindra Bank Limited 2,47,865.22 33.048
8 Bharti Airtel Limited 2,40,535.52 32.071
9 ITC Limited 2,11,057.61 28.141
10 ICICI Bank Limited 2,09,543.33 27.939
11 State Bank of India 1,75,680.98 23.424
12 Asian Paints Limited 1,59,850.31 21.313
13 Avenue Supermarts Limited (DMart) 1,41,700.71 18.893
14 Bajaj Finance Limited 1,33,322.26 17.776
15 Maruti Suzuki India Limited 1,29,540.99 17.272
16 HCL Technologies Limited 1,18,424.34 15.789
17 Larsen & Toubro Limited 1,13,492.63 15.132
18 Wipro Limited 1,12,379.66 14.983
19 Axis Bank Limited 1,06,912.25 14.254
20 UltraTech Cement Limited 93,653.99 12.487
21 HDFC Life Insurance Company Limited 89,072.73
22 Coal India Limited 86,309.01
23 Oil & Natural Gas Corporation Limited 85,923.31
24 Sun Pharmaceutical Industries Limited 84,528.57
25 NTPC Limited 83,312.17
26 Power Grid Corporation of India Limited 83,234.59
27 Titan Company Limited 82,892.59
28 Dabur India Limited 79,526.71
29 Indian Oil Corporation Limited 76,866.61
30 Bajaj Finserv Limited 73,063.11
31 Pidilite Industries Limited 68,904.82
32 Bharat Petroleum Corporation Limited 68,743.62
33 Hindustan Zinc Limited 65,661.46
34 Britannia Industries Limited 64,660.72
35 SBI Life Insurance Company Limited 64,100.00
36 SHREE CEMENT LIMITED 63,308.54
37 Bajaj Auto Limited 58,520.14
38 SBI Cards and Payment Services Limited 58,088.56
39 Tech Mahindra Limited 54,613.23
40 Godrej Consumer Products Limited 53,247.04
41 Divi's Laboratories Limited 52,803.03
42 Dr. Reddy's Laboratories Limited 51,855.36
43 ICICI Prudential Life Insurance Company Limited 51,073.27
44 Adani Ports and Special Economic Zone Limited 51,057.92
45 ICICI Lombard General Insurance Company Limited 49,153.48
46 Berger Paints (I) Limited 48,357.40
47 HDFC Asset Management Company Limited 44,924.24
48 GlaxoSmithKline Consumer Healthcare Limited 41,947.24
49 InterGlobe Aviation Limited 41,025.06
50 Siemens Limited 39,650.43
51 Eicher Motors Limited 35,757.79
52 Marico Limited 35,481.61
53 Mahindra & Mahindra Limited 35,424.77
54 JSW Steel Limited 35,351.85
55 United Spirits Limited 35,212.91
56 GAIL (India) Limited 34,525.14
57 Cipla Limited 34,091.66
58 Colgate Palmolive (India) Limited 34,071.64
59 DLF Limited 34,023.21
60 Torrent Pharmaceuticals Limited 33,367.34
61 Procter & Gamble Hygiene and Health Care Limited 33,335.07
62 Bandhan Bank Limited 32,808.20
63 Biocon Limited 32,466.00
64 Hero MotoCorp Limited 31,887.39
65 Grasim Industries Limited 31,317.81
66 Ambuja Cements Limited 30,916.50
67 Tata Steel Limited 30,370.16
68 Havells India Limited 30,066.70
69 Petronet LNG Limited 29,955.00
70 Bharti Infratel Limited 29,593.73
71 Hindustan Petroleum Corporation Limited 28,967.87
72 Yes Bank Limited 28,175.81
73 Alkem Laboratories Limited 27,809.03
74 Bosch Limited 27,710.90
75 Cadila Healthcare Limited 27,359.52
76 Indraprastha Gas Limited 27,156.53
77 Lupin Limited 26,699.07
78 UPL Limited 24,946.08
79 Info Edge (India) Limited 24,891.95
80 Larsen & Toubro Infotech Limited 24,865.62
81 Bank of Baroda 24,743.13
82 MRF Limited 24,668.37
83 Muthoot Finance Limited 24,579.05
84 NMDC Limited 24,050.01
85 IndusInd Bank Limited 24,494.80
86 United Breweries Limited 24,363.75
87 Power Finance Corporation Limited 24,294.87
88 Aurobindo Pharma Limited 24,275.55
89 Vedanta Limited 24,208.26
90 Adani Green Energy Limited 23,968.52
91 Whirlpool of India Limited 23,076.72
92 Honeywell Automation India Limited 22,891.23
93 Tata Motors Limited 21,947.16
94 Punjab National Bank 21,796.03
95 Hindalco Industries Limited 21,494.82
96 GlaxoSmithKline Pharmaceuticals Limited 21,301.11
97 3M India Limited 21,209.82
98 Piramal Enterprises Limited 21,190.07
99 Kansai Nerolac Paints Limited 20,880.44
100 Adani Transmission Limited 20,791.91