On a global scale Apple recently left behind Microsoft to become the most Valuable Technology company in the world with a market capitalization of over $234 billion. However, what about the most valuable technology companies in India?
Tata Consultancy Services has been the largest and the most valuable (based on Market Capitalization) technology company in India for a long long time. However, over past month, Infosys has surpassed TCS to become the most valuable Technology company in India. The Market Cap of Infosys has been consistently higher than TCS over past month.
Wipro comes a distant 3rd with a Market capitalization of 98, 956 crore rupees, while HCL Technologies ranks 4th with a M-Cap of 25,761 crore rupees followed by Mphasis (12,552 cr.) in 5th place.
Here are the top 10 most valuable Technology Companies in India based on Market Capitalization.
Top 10 most valuable Indian Technology Companies
|Full Mkt. Cap. (Rs. crore)
It is interesting to see the difference of Market Cap between the top 3 and rest of them. Top 3 companies constitute more than 80% of the IT Companies M-Cap !