5 Indian conglomerates whose market cap has crossed 10 lakh

By Editorji News Desk Published on | Dec 05, 2023

Bajaj Group

Bajaj Group breaches ₹10 lakh crore market capitalisation; becomes the 5th Indian business house to do so. The group's market cap rose 41% in 2023

Within the group, Bajaj Auto saw the highest surge, up 72% this year. Bajaj Finance & Bajaj Finserv rose 12% & 9% respectively

Market valuation assesses a company's total value through its stock shares by multiplying the current market price per share by the total o/s shares

Reliance Industries (RIL) became the first listed company to reach a market cap of ₹10 lakh crore on Nov 28, 2019, with a valuation of ₹16.6 lakh cr

Tata Group has a market capitalisation of over ₹26 lakh crore

HDFC bank has the third-highest market capitalisation of over ₹14 lakh crore

Adani Group settled at fourth position with a market cap of ₹11.9 lakh crore