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Photo Gallery: India`s top 10 most valuable public companies in 2018
Photo Gallery: India`s top 10 most valuable public companies in 2018
Reliance Industries Ltd Chairman Mukesh Ambani has topped the "Barclays Hurun India Rich List-2018" for the seventh consecutive year, with his wealth estimated at Rs 371,000 crore. The annual list is a compilation of the super-richest Indians having a net worth of Rs 1,000 crore or more, and this number has increased by a staggering one-third -- from 617 in 2017 to 831 in 2018, said the Hurun Report. Nine individuals in the list saw a doubling of wealth in 2018, the report said. While 306 new entrants made it to the list this year, 75 of those featuring in 2017 list failed to find a place in the super-exclusive Rs 1,000-crore-plus club.
The cumulative wealth of these 831 individuals featuring in the list stands at USD 719 billion, or one-quarter of the Indian GDP of USD 2,848 billion, as per the IMF`s April 2018 estimates. Of the publicly traded companes in the Barclays Hurun India Rich List 2018, Mukesh Ambani's Reliance has the highest valuation of Rs 751,402 crore, contributing 9.46 percent to the Nifty index. The list is followed by Tata Consultancy Services with Rs 743,222 crore.
Here are top most valuable public companies in 2018 according to Barclays- Hurun India rich list:
1. Reliance Industries
Market cap Rs 751,402
(Image courtesy: Reuters)
2. Tata Consultancy Services
Market cap Rs 743,222
(Image courtesy: Reuters)
3. HDFC Bank 567,980
Market cap Rs
(Image courtesy: Reuters)
4. Hindustan Unilever
Market cap Rs 365,607
(Image courtesy: Reuters)
5. ITC
Market cap Rs 362,804
(Image courtesy: Reuters)
6. HDFC
Market cap Rs 335,843
(Image courtesy: Reuters)
7. Infosys
Market cap Rs 298,142
(Image courtesy: Reuters)
8. Maruti Suzuki India
Market cap Rs 287,169
(Image courtesy: Reuters)
9. State Bank of India
Market cap Rs 261,847
(Image courtesy: Reuters)
10. Kotak Mahindra Bank
Market cap Rs 249,579
(Image courtesy: Reuters)