Top 30 companies of India in the NIFTY index

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The largest companies of India heavily weigh on the country’s economy and beyond. Here are the thirty largest companies in the National Stock Exchange of India presented with their activities, logos, and useful links.

NSE India logoIndian companies can get listed on the National Stock Exchange of India to sell their stocks on capital markets. Even though they have to follow the rules of the Securities and Exchange Board of India, companies can then obtain capital from investors who acquire their stocks to fuel their growth.

The NIFTY 50 Index

To help the understanding of the evolution of the Indian stock market and the broader economy, the stocks of the 50 largest companies by market capitalization are aggregated in the National Stock Exchange Fifty index or NIFTY, which is widely recognized as the benchmark broad-base index of India. It is based on the largest companies of India by market capitalization, coming from 12 sectors of the economy, and including about 29% of financial services companies and 0% of the agricultural sector.

Evolution of the NIFTY 50 over 5 years
Evolution of the NIFTY 50 over 5 years (Image: Google Finance)

The real-time quotation of the NIFTY 50 index can be followed with convenient graphical tools from a number of sources, including the India Times, the National Stock Exchange of India, Google Finance, Yahoo Finance, Bloomberg, etc.

Note that this post is part of a series:

List of the 30 largest companies of the National Stock Exchange of India by market capitalization

To help you learn more about Indian corporations, the 30 largest components of the NIFTY 50 index, which are also the largest companies in the National Stock Exchange of India, are listed hereafter. Each company is described in details, with its main sector, operations, a direct link to its website, market capitalization, logo and stock symbol.

Companies are ranked by market capitalization in Indian Rupees, as of the effective close of Monday, December 10, 2018.

Quick links to the 30 largest publicly listed companies in the National Stock Exchange of India

To facilitate your browsing in this long list, here are quick links to go directly to the details of any of the top 30 NIFTY 50 companies.

1. Tata Consultancy Services

Tata Consultancy Services logoSector: Information Technology

Tata Consultancy Services Limited, also known as TCS, is a multinational information technology service consulting company, part of the Tata Group.  Operating in 46 countries, TCS provides a range of services including application development, business process outsourcing, capacity planning, consulting, enterprise software, hardware sizing, payment processing, software management, and technology education services.

Website: tcs.com – Market Cap.: 7.36 Trillion Indian Rupees – Stock symbol: TCS

2. Reliance Industries

Reliance Industries logoSector: Conglomerate

Reliance Industries Limited (RIL) is a conglomerate company. Reliance Industries operates through multiple sectors, primarily refining, petrochemicals, oil and gas-related operations, but also energy, textiles, natural resources, retail, and telecommunications.

Website: ril.com – Market Cap.: 6.88 Trillion Indian Rupees – Stock symbol: RELIANCE

3. HDFC Bank

HDFC Bank logoSector: Banking

HDFC Bank Limited is a banking and financial services company. Majority owned by the Housing Development Finance Corporation, it provides wholesale banking, retail banking and a range of treasury services and loans for consumers. HDFC Bank has developed its presence abroad, in Bahrain, Hong Kong, and Dubai.

Website: hdfcbank.com – Market Cap.: 5.67 Trillion Indian Rupees – Stock symbol: HDFCBANK

4. Hindustan Unilever

Hindustan Unilever logoSector: Consumer Goods

Hindustan Unilever Limited, often abbreviated as HUL, is a consumer goods company, subsidiary the British-Dutch company Unilever, which is one of the largest companies listed on the London Stock Exchange. Tracing its origins to 1933, Hindustan Unilever has expanded to provides products in more than 20 categories including food, personal care, and hygiene, home cleaning and water purification.

Website: hul.co.in – Market Cap.: 3.99 Trillion Indian Rupees – Stock symbol: HINDUNILVR

5. ITC Limited

ITC Limited logoSector: Conglomerate

ITC Limited is a conglomerate company. Founded in 1910 as Imperial Tobacco Company of India Limited, ITC has since diversified into five diversified businesses: fast-moving consumer goods (including cigarettes, food, personal care…), hotels, paper-related products and packaging, agribusiness and information technology.

Website: itcportal.com – Market Cap.: 3.31 Trillion Indian Rupees – Stock symbol: ITC

6. Housing Development Finance Corporation

Housing Development Finance Corporation logoSector: Financial Services

Housing Development Finance Corporation Limited, better known through its acronym HDFC, is a financial conglomerate. Primarily engaged in finance for housing in India, HDFC is also involved in banking through its participation in HDFC Bank, life and general insurance, asset management, venture capital, realty, education, deposits, and education loans.

Website: hdfc.com – Market Cap.: 3.27 Trillion Indian Rupees – Stock symbol: HDFC

7. Infosys

Infosys logoSector: Information Technology

Infosys Limited, is a multinational company providing business consulting, information technology and outsourcing services. Especially operating in software development, maintenance, and independent validation services to companies in finance, insurance, manufacturing, and other sectors, Infosys has operations across India, United States, China, Australia, Japan, the Middle East, and Europe.

Website: infosys.com – Market Cap.: 2.91 Trillion Indian Rupees – Stock symbol: INFY

8. State Bank of India

State Bank of India logoSector: Banking

The State Bank of India, also known as SBI, is a multinational, public sector banking and financial services company, majority-owned by the Indian government. Tracing its origins to 1806, SBI is now the largest Indian bank, providing a range of banking services and products in India and 36 other countries.

Website: sbi.co.in – Market Cap.: 2.45 Trillion Indian Rupees – Stock symbol: SBIN

9. Kotak Mahindra Bank

Kotak Mahindra Bank logoSector: Banking

Kotak Mahindra Bank is a private sector bank. It is involved in personal finance, investment banking, general insurance, life insurance, and wealth management. It is one of the largest private banks in India, operating more than 1300 branches across the country.

Website: kotak.com – Market Cap.: 2.30 Trillion Indian Rupees – Stock symbol: KOTAKBANK

10. ICICI Bank

ICICI Bank logoSector: Banking

ICICI Bank Limited, the acronym for Industrial Credit and Investment Corporation of India, is a multinational banking and financial services company. ICICI Bank offers a wide range of banking products and financial services for corporate and retail customers, together with investment banking, insurance, venture capital, and asset management, through specialized subsidiaries.

Website: icicibank.com – Market Cap.: 2.23 Trillion Indian Rupees – Stock symbol: ICICIBANK

11. Maruti Suzuki

Maruti Suzuki logoSector: Automobile

Maruti Suzuki India Limited is an automobile manufacturing company. Owned at 56.21% by the Japanese car and motorcycle manufacturer Suzuki Motor Corporation, Maruti Suzuki produces and sells a wide range of cars as well as associated products and services including car finance and insurance, car accessories, and driving schools.

Website: marutisuzuki.com – Market Cap.: 2.21 Trillion Indian Rupees – Stock symbol: MARUTI

12. Larsen & Toubro

Larsen & Toubro logoSector: Construction

Larsen & Toubro Limited, commonly known as L&T, is a multinational construction company. Founded in 1938 by two Danish engineers, L&T now operates in a number of countries in engineering, construction, manufacturing goods, information technology, and financial services.

Website: larsentoubro.com – Market Cap.: 1.92 Trillion Indian Rupees – Stock symbol: LT

13. Oil and Natural Gas Corporation

Oil and Natural Gas Corporation logoSector: Oil & Gas

Oil and Natural Gas Corporation, also known as ONGC, is a multinational oil and gas company, stemming from a public sector undertaking. Founded by the Government of India, its majority shareholder, ONGC is involved in the exploration, production, and transportation of hydrocarbons, producing around 70% of India’s crude oil and 62% of its natural gas. ONGC also operates in many foreign countries through its subsidiary ONGC Videsh.

Website: ongcindia.com – Market Cap.: 1.76 Trillion Indian Rupees – Stock symbol: ONGC

14. Axis Bank

Axis Bank logoSector: Banking

Axis Bank is a private-sector bank providing a range of financial products and services. With more than 3,000 branches in India, Axis Bank provides individuals and business with retail and corporate banking services. Axis Bank also has opened branches in Singapore, Hong Kong, United Arab Emirates, China, and Sri Lanka and Bangladesh.

Website: axisbank.com – Market Cap.: 1.52 Trillion Indian Rupees – Stock symbol: AXISBANK

15. Coal India

Coal India logoSector: Mining

Coal India Limited, also known as CIL, is a state-controlled coal mining company. Controlled by the Indian Ministry of Coal, CIL is the world’s largest producer of coal, operating more than 400 coal mines. Coal India is also operating in Mozambique through its subsidiary Coal India Africana Limitada.

Website: coalindia.in – Market Cap.: 1.47 Trillion Indian Rupees – Stock symbol: COALINDIA

16. Wipro

Wipro logoSector: Information Technology

Wipro Limited is a multinational corporation providing information technology, consulting and business process services. Incorporated in 1945, Wipro started operating in IT products in 1982; it has now become a global leader in IT services, operating worldwide with more than 160,000 employees.

Website: wipro.com – Market Cap.: 1.46 Trillion Indian Rupees – Stock symbol: WIPRO

17. Bajaj Finance

Bajaj Finserv logoSector: Financial Services

Bajaj Finance Limited is a Non–Banking Financial Company, providing financial services for consumer finance, SMEs, commercial lending and wealth management. A subsidiary of Bajaj Finserv, Bajaj Finance is particularly developed in its Auto Finance division.

Website: bajajfinserv.in/finance/ – Market Cap.: 1.38 Trillion Indian Rupees – Stock symbol: BAJFINANCE

18. Indian Oil Corporation

Indian Oil Corporation logoSector: Oil & Gas

Indian Oil Corporation Limited, commonly known as IndianOil, is a state-owned oil and gas company. IndianOil is involved refining, pipeline transportation, marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals, as well as alternative energy. IndianOil has opened subsidiaries in Sri Lanka, Mauritius and the Middle East.

Website: iocl.com – Market Cap.: 1.30 Trillion Indian Rupees – Stock symbol: IOC

19. HCL Technologies

HCL Technologies logoSector: Information Technology

HCL Technologies Limited, the acronym for Hindustan Computers Limited, is a multinational information technology services company. Operating in 39 countries, HCL Technologies provides services for applications development, business process outsourcing, engineering and R&D, infrastructure management, Internet of Things and more.

Website: hcltech.com – Market Cap.: 1.27 Trillion Indian Rupees – Stock symbol: HCLTECH

20. Asian Paints

Asian Paints logoSector: Consumer Goods

Asian Paints Limited is a multinational paint company. Asian Paints operates in manufacturing, selling and distribution of paints, coatings, products for home decoration, bathroom fittings and related services.

Website: asianpaints.com – Market Cap.: 1.22 Trillion Indian Rupees – Stock symbol: ASIANPAINT

21. Bharti Airtel

Airtel logoSector: Telecommunication

Bharti Airtel Limited, commonly known as Airtel, is a multinational telecommunications services company. Operating in more than 20 countries of Africa and South Asia, Airtel provides different mobile services, GSM, 3G, 4G, LTE, fixed-line broadband and voice services depending on the country.

Website: airtel.in – Market Cap.: 1.17 Trillion Indian Rupees – Stock symbol: BHARTIARTL

22. NTPC

NTPC logoSector: Energy

NTPC Limited, originally National Thermal Power Corporation Limited, is a  Public Sector Undertaking, operating in the production of electricity and associated activities. The largest power-generating company in India, NTPC also engaged in oil and gas exploration and coal mining.

Website: ntpc.co.in – Market Cap.: 1.12 Trillion Indian Rupees – Stock symbol: NTPC

23. UltraTech Cement

UltraTech Cement logoSector: Materials

UltraTech Cement Limited is a construction materials company. UltraTech Cement produces a range of building materials including grey cement, ready-mix concrete, and white cement. It operates in India, United Arab Emirates, Bahrain, Bangladesh, and Sri Lanka.

Website: ultratechcement.com – Market Cap.: 1.04 Trillion Indian Rupees – Stock symbol: ULTRACEMCO

24. Sun Pharmaceutical

Sun Pharmaceutical logoSector: Pharmaceuticals

Sun Pharmaceutical Industries Limited is a multinational pharmaceutical company. It manufactures and distributes pharmaceutical formulations and active pharmaceutical ingredients in India and the United States for various therapeutic areas, such as cardiology, psychiatry, neurology, gastroenterology, and diabetology.

Website: sunpharma.com – Market Cap.: 957.33 Billion Indian Rupees – Stock symbol: SUNPHARMA

25. IndusInd Bank

IndusInd Bank logoSector: Banking

IndusInd Bank Limited is a multinational bank and financial services company, offering commercial, transactional and electronic banking products and services. With more than 1,000 branches across India, IndusInd bank is specialized in retail banking services, also operating representative offices in the United Kingdom and the United Arab Emirates.

Website: indusind.com – Market Cap.: 935.91 Billion Indian Rupees – Stock symbol: INDUSINDBK

26. PowerGrid Corporation of India

PowerGrid Corporation of India logoSector: Energy – Power

The Power Grid Corporation of India Limited, more simply known as PowerGrid, is a state-owned electric utility company. Transmitting about 50% of the electricity in India with more than 150,000 km of transmission lines, the company is also involved in consultancy for utilities in 20 countries and telecommunications through its subsidiary Powertel.

Website: powergridindia.com – Market Cap.: 934.62 Billion Indian Rupees – Stock symbol: POWERGRID

27. Bajaj Finserv

Bajaj Finserv logoSector: Financial Services

Bajaj Finserv is a financial services company operating in lending, asset management, wealth management, and insurance. A part of Bajaj Holdings & Investments Limited (which belongs to the Bajaj Group), Bajaj Finserv is also the parent company of Bajaj Finance. It is also involved in wind power generation.

Website: bajajfinserv.in – Market Cap.: 911.48 Billion Indian Rupees – Stock symbol: BAJAJFINSV

28. Mahindra & Mahindra

Mahindra & Mahindra logoSector: Automobile

Mahindra & Mahindra Limited, also known as Mahindra Rise, is a multinational car manufacturing company. A leader in car production in India, Mahindra & Mahindra is the world-leading tractor manufacturer; it is also involved in defense, energy and information technology services.

Website: mahindra.com – Market Cap.: 842.32 Billion Indian Rupees – Stock symbol: M&M

29. Titan Company

Titan Company logoSector: Luxury Goods

Titan Company Limited is a luxury goods company. Originally a producer of watches that was also involved in marketing and distribution of Tommy Hilfiger and Hugo Boss watches, Titan diversified to jewelry, eyewear, and perfumes with brands such as Fastrack, Sonata, Tarnishq and Skinn. Titan is a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation.

Website: titan.co.in – Market Cap.: 805.22 Billion Indian Rupees – Stock symbol: TITAN

30. Bajaj Auto

Bajaj Auto logoSector: Automobile

Bajaj Auto is a manufacturer of motorcycles, scooters, auto-rickshaws, and low-cost cars. Founded in 1944, Bajaj Auto has become the largest manufacturer of motorcycles in India and the largest three-wheeler manufacturer in the world. Bajaj Auto is also a subsidiary of the Bajaj Group

Website: bajajauto.com – Market Cap.: 787.09 Billion Indian Rupees – Stock symbol: BAJAJ-AUTO

Here are the 30 largest public companies in the National Stock Exchange of India. Do you think they are worth their market capitalization? Are their stocks a good investment right now? Do they have too much economic power… and maybe political power too?

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