Reliance most valued Indian firm; 2 Adani units join top ranks: Study
Reliance Industries is India’s most valued listed company at Rs 17.2 trillion, said a report on Thursday.
Reliance was followed by Tata Consultancy Services (TCS) and HDFC Bank with a valuation of Rs 11.6 trillion and Rs 8.3 trillion. Adani Total Gas (ATG) and Adani Enterprises were new entrants in the Top 10 firms of 2022 Burgundy Private Hurun India 500. The rankings are by Hurun India and Burgundy Private, Axis Bank’s private banking business.
Ranked 9th and 10th, ATG and Adani Enterprises were valued at Rs 3.96 trillion and Rs 3.81 trillion. Sun Pharma and Wipro exited the top 10 rankings from last year. The 500 companies ranked in the list are worth $2.7 trillion, an amount equal to India’s Gross Domestic Product (GDP).
