Latest Ranking: Tata Group Named as the Most Valuable Group in India

By Consultants Review Team Tuesday, 10 December 2024

According to the most recent statistics, Tata Group is India's most valuable business group. The group's enormous brand value has been produced mostly by its flagship IT company, Tata Consultancy Services (TCS), as well as its foreign diversification strategy, which has a market capitalization of 30 lakh crore.

Reliance Industries Limited (RIL) is in a good position, with a market capitalization of Rs 21 lakh crore. Meanwhile, Adani Group placed third with Rs 15 lakh crore. HDFC Group ranks fourth, having a market capitalization of 14 lakh crore rupees. Bajaj Group ranks sixth, having a market capitalization of 11 lakh crore rupees. The ICICI group has four publicly traded enterprises with a market capitalization of ten lakh crores.

Combined market capitalization of firms in the last week

Last week, the aggregate market valuation of six of the top ten most valuable firms climbed by Rs 2,03,116.81 crore, with Tata Consultancy Services and HDFC Bank emerging as the biggest gainers, suggesting a positive trend on Dalal Street.

Last week, the BSE benchmark surged by 1,906.33 points, or 2.38 percent, while the NSE Nifty gained 546.7 points, or 2.26 percent.

While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, and State Bank of India led the pack, Bharti Airtel, Life Insurance Corporation of India (LIC), ITC, and Hindustan Unilever lagged behind.

The market value of TCS rose by Rs 62,574.82 crore to Rs 16,08,782.61 crore.

HDFC Bank added Rs 45,338.17 crore, boosting its market capitalization to Rs 14,19,270.28 crore. Infosys' valuation grew by Rs 26,885.8 crore to Rs 7,98,560.13 crore, while Reliance Industries' surged by Rs 26,185.14 crore to Rs 17,75,176.68 crore.

State Bank of India's market capitalization (mcap) grew by Rs 22,311.55 crore to Rs 7,71,087.17 crore, while ICICI Bank's increased by Rs 19,821.33 crore to Rs 9,37,545.57 crore.

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