Mukesh Ambani-led Reliance Industries retained its coveted title of India’s most valued firm, followed by HDFC Bank, Bharti Airtel, TCS,
ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever Ltd and LIC.
Published: October 26, 2025 6:38 PM IST
Reliance Market Cap: In a major boost for Mukesh Ambani, Asia’s richest man, the market cap of Reliance Industries–India’s most-valued firm– jumped Rs 46,687.03 crore to reach Rs 19,64,170.74 crore, as the combined market valuation of seven of country’s top-10 most valued firms surged Rs 1,55,710.74 crore last week.
How much did Reliance, TCS earn?
As per market data, Mukesh Ambani-led Reliance Industries and Tata Group’s Tata Consultancy Services (TCS)– India’s largest IT services exporter– emerged as the biggest gainers amid a positive trend in domestic equities in the holiday-shortened trade week.
The market capitalisation (mcap) of Reliance Industries jumped to Rs 19,64,170.74 crore, adding Rs 46,687.03 crore, while the mcap of TCS surged by Rs 36,126.6 crore to Rs 11,08,021.21 crore.
The market valuation of Infosys climbed by Rs 34,938.51 crore to Rs 6,33,712.38 crore, State Bank of India added Rs 13,892.07 crore to reach Rs 8,34,817.05 crore, while Bajaj Finance surged by Rs 11,947.17 crore to Rs 6,77,846.36 crore.
The valuation of Sunil Mittal’s Bharti Airtel edged higher by Rs 9,779.11 crore to Rs 11,57,014.19 crore, while that of LIC rose Rs 2,340.25 crore, taking its market valuation to Rs 5,62,513.67 crore, the data showed.
Which firm saw mcap erosion?
Meanwhile, HDFC Bank, ICICI Bank, and Hindustan Unilever emerged as laggards among the top-10 pack, witnessing an erosion of their market valuations.
The mcap of ICICI Bank eroded by Rs 43,744.59 crore to Rs 9,82,746.76 crore, while the valuation of Hindustan Unilever dived by Rs 20,523.68 crore to Rs 5,91,486.10 crore, and that of HDFC Bank declined by Rs 11,983.68 crore to Rs 15,28,227.10 crore.
Reliance remains India’s most valued firm
According to market data, seven of India’s top-10 firms– Reliance Industries, Bharti Airtel, Tata Consultancy Services (TCS), State Bank of India, Bajaj Finance, Infosys, and Life Insurance Corporation of India (LIC) — emerged as gainers, while HDFC Bank, ICICI Bank, and Hindustan Unilever saw their valuations erode during in the last trade week.
Mukesh Ambani-led Reliance Industries retained its coveted title of India’s most valued firm, followed by HDFC Bank, Bharti Airtel, TCS,
ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Hindustan Unilever Ltd and LIC, the data showed.
(With inputs from agencies)
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