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Basics · Beginner

Market cap (₹ Cr): what it means and how to read it

The price tag for the whole company: share price × number of shares. ₹5,000 Cr means buying every share would cost ₹5,000 crore.

What is Market cap (₹ Cr)?

The price tag for the whole company: share price × number of shares. ₹5,000 Cr means buying every share would cost ₹5,000 crore.

Market capitalisation is the price tag for the whole company: what it would cost to buy every share at today's price. It is the fairest measure of a listed company's size, and the share price alone says nothing about size. A ₹50 share can belong to a larger company than a ₹5,000 share.

SEBI sorts companies by it. On the list AMFI publishes twice a year, the 100 largest by six-month average market cap are large caps, the 101st to 250th are mid caps and the rest are small caps. Mutual fund categories are built on those buckets.

How it is calculated

Market capitalisation = share price × total number of shares. In India it is usually quoted in rupees crore.

A worked example

₹200 share price × 25 crore shares = ₹5,000 Cr market cap.

Why does Market cap (₹ Cr) matter?

Size tells you how established a company usually is and how easily its shares trade.

What is a good Market cap (₹ Cr)?

Bigger isn't better or worse. Small companies can grow faster but swing harder. Use Cap category for SEBI's size buckets.

Size is not a score, but it changes the ride. Large caps are usually steadier, more closely followed and easier to buy and sell in size. Small caps can grow faster and fall harder, and may be hard to sell in a falling market.

A fact about the company, not a score.

What are the common mistakes with Market cap (₹ Cr)?

Judging a stock cheap or expensive by its share price instead of its market cap.
Comparing ratios across very different sizes without allowing for the liquidity and risk that size brings.

What is a typical Market cap (₹ Cr) in India today?

The median across the 6136 listed companies that report it, as of 12 Oct 2026. Half sit above each figure and half below.

By company size

Median
Large Cap · 101 companies₹1.69 lakh Cr
Mid Cap · 154 companies₹59,123 Cr
Small Cap · 5881 companies₹144 Cr

By industry

Median, largest industries first
Private Sector Bank · 20₹48,600 Cr
Pharmaceuticals · 212₹544 Cr
Computers - Software & Consulting · 64₹754 Cr
Refineries & Marketing · 8₹49,767 Cr
Public Sector Bank · 12₹86,219 Cr
Non Banking Financial Company (NBFC) · 75₹785 Cr
Power Generation · 29₹8,276 Cr
Heavy Electrical Equipment · 43₹7,409 Cr
Auto Components & Equipments · 117₹2,127 Cr
Cement & Cement Products · 36₹2,162 Cr
Compare a company with its own industry before the whole market. Every industry, and each company's rank within it, is in the screener.

What is Market cap (₹ Cr) for India's largest companies today?

The latest figure for the largest companies with a page here. Each links to what the rest of that company's numbers mean.

Market cap (₹ Cr)

As of 12 Oct 2026
Reliance Industries₹15.84 lakh Cr
Bharti Airtel₹11.27 lakh Cr
HDFC Bank₹10.90 lakh Cr
ICICI Bank₹9.73 lakh Cr
State Bank of India₹8.85 lakh Cr
Bajaj Finance₹5.98 lakh Cr
Larsen & Toubro₹5.10 lakh Cr

Screen 6622 companies on Market cap (₹ Cr) and every other filter.