Reliance Industries tops Hurun list of India's 500 most valuable companies | Trendsfirst


10 December 2021

Reliance Industries Ltd (RIL) tops the list of India's 500 most valuable companies released by research agency Hurun India in coordination with Axis Bank's private banking business Burgundy Private on Thursday.

With a market capitalisation of Rs 16.65 lakh crore, Reliance industries leads the Burgundy Private Hurun India 500' list. Following Reliance are Tata Consultancy Services (TCS) and HDFC Bank, with a value of Rs 3.09 lakh crore and Rs 9.05 lakh crore, respectively.

Here are the TOP 10 -

The total value of these top 10 companies grew 47 percent to Rs 72.7 lakh crore (US $970bn), equivalent to 37 percent of India’s GDP, an official release noted.

One surprising fact about this list is the total value of these Top 500 companies is around Rs 228 lakh crores which is higher than India’s GDP for FY21," Axis Bank MD and CEO Amitabh Chaudhry said.

"India’s most valuable companies keep getting more valuable, with the total value of the 10 most valuable companies rising five times in the last decade," Hurun India MD and Chief Researcher Anas Rahman Junaid said.

This list refers to companies headquartered in India only; state-owned companies and subsidiaries of foreign companies are not included.

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