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Top 10 companies in India by market capitalisation: Reliance leads, firm at #2 valued at Rs 16.323 lakh crore; check full list
Top 10 companies by market cap in India in 2025: Last week, five of the 10 most-valued companies increased their market worth, adding a combined Rs 72,284.74 crore. TCS and Infosys contributed the most to this rise.
Top 10 Companies in India: Reliance Industries tops the list with a value of Rs 20.774 lakh crore
List of top 10 most valuable companies in India: India is one of the world’s fastest-growing economies, and its biggest companies play a major role in this rise. These top firms come from sectors like tech, banking, energy, and retail. Here’s a simple look at the 10 most valuable companies in India and what their market value means.
The total value of a company on the stock market is known as its market capitalisation. It is computed by multiplying the current share price by the total number of outstanding shares. A high market value typically indicates that the business is well-liked by investors.
At the top of the list is Reliance Industries, which, with a value of Rs 20.774 lakh crore, remains the most valuable company in India. In June 2024, it also became the first Indian company to cross Rs 21 lakh crore in market value.
In second place is HDFC Bank, India’s largest private bank. It has a market value of Rs 16.323 lakh crore. The bank offers many services for both regular customers and businesses. As of December 2025, it is the 13th largest bank in the world and India’s biggest by market value.
Last week, five of the 10 most valued companies increased their market worth, adding a combined Rs 72,284.74 crore. TCS and Infosys contributed the most to this rise.
TCS saw the largest increase, gaining Rs 35,909.52 crore and reaching Rs 11,71,862.37 crore in value. Infosys added Rs 23,404.55 crore, ending at Rs 6,71,366.53 crore. Although both companies saw a small dip this week, their overall positions in the top 10 remain the same.
TCS, part of the Tata Group, is a leading IT company offering technology and consulting services. Its high value shows its strong presence in the tech world.
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Infosys, ranked seventh, is another major global tech company that helps clients in 46 countries with digital transformation. With a value of Rs 6.570 lakh crore, it remains one of India’s most important companies.
Here are the top 10 companies in India by market cap as of December 11, 2025:
| Rank | Company | Market Cap (in INR, Lakh Crore) |
| 1. | Reliance Industries | 20.774 |
| 2. | HDFC Bank | 16.323 |
| 3. | Bharti Airtel | 12.478 |
| 4. | TATA Consultancy Services (TCS) | 11.509 |
| 5. | ICICI Bank | 9.795 |
| 6. | State Bank of India (SBI) | 8.876 |
| 7. | Infosys | 6.570 |
| 8. | Bajaj Finance | 6.338 |
| 9. | Larsen & Toubro | 5.511 |
| 10. | Life Insurance Corporation Of India | 5.426 |
Note: companiesmarketcap.com | Market capitalisation might fluctuate dramatically over time or even from day to day, as it varies with the share price of a firm. The data is as of December 11, 2025.
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