The valuation of Reliance Industries, led by Mukesh Ambani, the richest Indian in the Hurun list, is Rs 16.7 lakh crore. It is followed by Tata Consultancy Services (Rs 13.1 lakh crore) and HDFC Bank (Rs 9.1 lakh crore).
business desk. Burgundy Private Hurun India’s top 500 companies have a total valuation of Rs 228 lakh crore or USD 3 trillion, which is more than India’s GDP. The special thing is that the value assessment of 200 of these companies has doubled in Esar. According to the report, 44 companies in this list are from Tamil Nadu alone. Whose value is more than Rs.2 lakh crore. Let us also tell you which companies have been named in this list after all.
These companies are at the top
The richest Indian Mukesh Ambani-led Reliance Industries in this list is valued at Rs 16.7 lakh crore. It is followed by Tata Consultancy Services (Rs 13.1 lakh crore) and HDFC Bank (Rs 9.1 lakh crore). Serum Institute of India (SII), the country’s largest drug maker, included in the non-listed companies, has the highest value of Rs 1.8 lakh crore. The Pune-based company’s valuation has seen a 127 per cent rise in the pandemic year.
Most of the
companies from these cities come from 43 cities across the country, and financial capital Mumbai leads the way with 167 entrants, followed by Bengaluru at 52, Tamil Nadu at 44 and Chennai at 38. On the sectoral angle, financial services companies are at 77, followed by healthcare at 64.
Valuation is more than
the GDP of the country At present, the value of the country’s GDP is $ 2.72 trillion. According to the Hurun list, the market value of these companies has become Rs 3.1 lakh crore. This means that these companies have left behind India as well as France. The GDP of France is $2.78 trillion. According to the report, the market cap of these companies has seen an increase of 68 percent during the pandemic.
Apple alone is giving competition The
special thing is that the world’s most valuable company Apple is giving competition to 500 companies of India. At present, the company’s market cap is less than $ 3 trillion to $ 128 billion, if today the company’s stock becomes $ 185, then its value will also be more than 3 trillion. This would mean that the cost of Apple would be equal to 500 most valuable companies in India.
