logo
#

Latest news with #PollofEquityAnalysts

Top 10 Indian companies by market cap in June 2025: 4 of them hit the Rs 1 lakh-crore mark
Top 10 Indian companies by market cap in June 2025: 4 of them hit the Rs 1 lakh-crore mark

Indian Express

time4 days ago

  • Business
  • Indian Express

Top 10 Indian companies by market cap in June 2025: 4 of them hit the Rs 1 lakh-crore mark

Top 10 Indian companies by market cap in June 2025: Recent global economic uncertainty, trade wars, and tariff tensions have left global stock markets in a predicament over the last few months. Nonetheless, India's stock markets are expected to reach a new high by the end of 2025 and continue to rise in the following year, Reuters' Poll of Equity Analysts reported. Notably, the combined market valuation of four of India's top ten most valued firms increased to Rs 1,01,369.5 crore last week, as stated by PTI. Life Insurance Corporation of India (LIC) emerged as the biggest gainer in market valuation, along with HDFC Bank, Bharti Airtel, and State Bank of India (SBI). However, on the downside, Mukesh Ambani-led Reliance Industries Ltd, India's most valuable company, lost ₹7,645.85 crore, bringing its valuation down to ₹19,22,693.71 crore. In addition to Reliance, Tata Consultancy Services (TCS), ICICI Bank, Infosys, Bajaj Finance, and Hindustan Unilever Ltd also faced a decline in market valuation and a combined erosion of Rs 34,852.35 crore. Earlier this year, Bajaj Finance witnessed its market capitalisation surge from ₹29,032.08 crore to an impressive ₹524,312.82 crore in February 2025, distinguishing itself as a remarkable performer within this group. However, it subsequently experienced a decline last week, with a reduction of ₹4,061.05 crore, bringing its valuation to ₹₹5.654T. Rounding up the top 10 most valuable companies in India, Hindustan Unilever Ltd (HUL), witnessed a reduction of Rs 1,973.66 crore market valuation last week. Note: | 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 June 2, 2025. Market capitalisation is a crucial metric for investors and stock market enthusiasts, which enables them to assess a company's worth. The total value of a company's outstanding shares is calculated by multiplying the current stock price by the total number of shares in circulation, which is why companies with the highest market caps are widely regarded as the most valuable entities in the business world.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store