Top IT Companies in India: Market Capitalization Insights for 2024
Wednesday, 18 September 2024, 00:17
Understanding the Top IT Companies in India
The Indian information technology (IT) sector has experienced phenomenal growth, significantly contributing to the national GDP.
The Largest IT Companies by Market Capitalization
- Tata Consultancy Services (TCS) - ₹15.865 trillion
- Infosys - ₹8.088 trillion
- HCL Technologies - ₹4.784 trillion
- Wipro - ₹2.882 trillion
- LTIMindtree - ₹1.861 trillion
- Tech Mahindra - ₹1.411 trillion
- Oracle Financial Services Software - ₹1.020 trillion
- Persistent Systems - ₹784.94 billion
- MphasiS - ₹568.51 billion
- KPIT Technologies - ₹471.67 billion
Market Capitalization Explained
Market capitalization, a crucial metric for evaluating a company’s size and significance, is calculated by multiplying the number of outstanding shares by the current share price.
Impact of IT Companies on Economic Growth
The continuous expansion of top IT companies contributes to innovations in artificial intelligence, cloud computing, and more, shaping India's tech landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.