The stock of Life Insurance Corporation of India, which was listed in the Indian stock market a few days ago, has now gained momentum. Many companies in India have been left behind including the country’s well-known company reliance. Know full details.
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The performance of Life Insurance Corporation of India
The performance of Life Insurance Corporation of India, which was recently listed in the Indian stock market, may not have been special, but the company has left behind many Indian companies in the list of Fortune Global’s top 500 companies. Is.
Reliance, the company with the highest market cap in India in the Global Fortune List, is also behind LIC.
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LIC ranks 98th in Fortune Global 500 list
Indian insurance company LIC has got a place in the Fortune Global 500 list for the first time. 9 companies from India have made it to the list this time. Out of 9 companies, 5 companies are government and remaining 4 companies are private. This list is prepared on the basis of revenue. LIC has been ranked 98th in the Fortune List. LIC has been ranked first in India with a revenue of about $ 97.27 billion and profit of $ 553.8 million.
Reliance is at number 104 in the Fortune Global 500 list
Reliance Industries is second only to India in the Fortune Global 500 list. Reliance Industries is a part of this list permanently for 19 years. On a global basis, Reliance was classified 104th with revenue of $93.98 billion and net profit of $8.15 billion. Reliance Industries classification has improved by 51 places as compared to last year.
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Tata Motors and Steel have also found a place. Apart from LIC and Reliance Industries, SBI is the name of the banking sector among Indian companies that have managed to enter the list. SBI managed to get 236 lines by jumping 17 places. At the same time, two companies in the Tata Motors and Tata Steel group also feature in the list. Tata Motors of the Tata Group is classified in 370. Similarly, Tata Steel managed to complete 435.
You can Know more about government companies
Among the companies that managed to make it to the list from India, the state-owned oil company was placed at the 4th position. The company ranking has increased by 28 places as compared to last year. At the same time, other government companies have managed to get 19000 by jumping in ONGC 16th place. BPCL has been ranked 295 in the public sector itself. There has been an improvement of 19 places in the ranking of BPCL as compared to last year.
