110 Indian firms cross ₹1 trillion market cap in 2025
What's the story
Despite the volatility in Indian equity markets in 2025, the number of companies with a market capitalization (mcap) over ₹1 lakh crore has grown. As of now, nearly 110 companies have crossed this milestone, accounting for about 62% of the total mcap of all BSE-listed firms. The growth is significant compared to last year's figure of 97 firms at the end of 2024, marking an increase of some 12.4%.
Market leaders
Reliance Industries remains India's most valuable company
Reliance Industries has retained its title as India's most valuable company with a mcap of ₹20.89 lakh crore. HDFC Bank and Bharti Airtel follow closely with market caps of ₹15.07 lakh crore and ₹12.75 lakh crore, respectively. The trend indicates a strong investor interest in large-cap stocks despite market fluctuations throughout the year.
New additions
20 new entrants join ₹1 lakh crore club
Among the 110 companies in the ₹1 lakh crore mcap club, 20 firms have achieved this feat for the first time in 2025. Four companies entered this exclusive list through fresh listings: LG Electronics, Tata Capital, Groww, and Meesho. The additions highlight a growing trend of investor confidence in high-value stocks on India's stock exchanges.
Exits
12 companies drop out of ₹1 lakh crore club
Meanwhile, 12 companies that were part of the ₹1 lakh crore club in 2024 have dropped out due to share price corrections. These include REC, Mankind Pharma, Info Edge (India), JSW Energy, Oracle Financial Services Software, Dixon Technologies, Lupin, NTPC Green Energy, Bajaj Housing Finance, Havells India, Apollo Hospitals Enterprises, and Persistent Systems. The exits show how market fluctuations can impact even the most stable companies on India's stock exchanges.