Exploring Top Companies Driving Growth in BSE 500
The S&P BSE 500 gives a broad picture of the Indian market. The index represents the top 500 companies listed on the Bombay Stock Exchange (BSE). The BSE 500 covers all the major industries and primary sectors in the Indian economy.
Here, in this article, we are going to cover aspects of the BSE 500 companies, its price, driving factors behind growth, etc.
5 BSE 500 Companies
The BSE 500 share price as of July 2024 was 37,300+, against Rs. 9800 in April 2020. This yields a return of more than 200% over the last four years.
This growth is due to the outcome of positive performance from top companies listed on the BSE 500. So, here are some details about the five important businesses that are fueling the index.
- Reliance Industries Limited
RIL is the largest publicly listed company in India, with the biggest market capitalization in the BSE 500. The company operates in major sectors, including petrochemicals, refining, oil and gas exploration, telecommunications, retail, and digital services.
- Weightage in BSE 500: 4.888%
- 5-year low: 1,173.23
- Share Price as of July 2024: 3,000+ (158% returns from 5-year low)
- Market Cap: ₹20,47,000.00 Cr
- Tata Consultancy Services
TCS is an information and technology giant in India. It also has a global presence in IT services, consulting businesses, solutions, and transformations.
With its historic performance in terms of price and market cap, it has been a front-runner in market growth.
- Weightage in BSE 500: 3.808%
- 5-year low: 2,205
- Share Price as of July 2024: 4,392 (98% returns)
- Market Cap: ₹ 15,86,000.00 Cr
- State Bank of India
With its rich history spanning over 200 years, SBI is one of the most trusted and reliable banks in the Indian banking system. And the largest bank in the public sector bank category (PSU).
The result of this trust can be seen in its growth in recent years, after the digitization of the Indian banking system.
- Weightage in BSE 500: 1.869%
- 5-year low: 308
- Share Price as of July 2024: 874 (185% returns)
- Market Cap: ₹ 7,83,000.00 Cr
- Bharti Airtel Limited
Bharti Airtel is an Indian multinational telecommunications services company. With its operational services in 18 countries across South Asia and Africa.
With its feet set, the company is progressing towards new success and future growth.
- Weightage in BSE 500: 2.142%
- 5-year low: 337
- Share Price as of July 2024: 1,493 (343% returns)
- Market Cap: ₹ 8,93,000.00 Cr
- Tata Motors
Tata Motors is a multinational automotive company that was founded in 1945 and is widely recognized for its services in both India and various other countries.
With its systematic approach and future-oriented vision, Tata Motors is expected to reach its full potential in the following years.
- Weightage in BSE 500: 1.019%
- 5-year low: 130.70
- Share Price as of July 2024: 1,159 (1516% returns)
- Market Cap: ₹4,28,000 Cr
Conclusion
The S&P BSE 500 index, which comprises the top 500 companies, reflects India’s diverse market landscape. Driven by stellar performances from leading companies like Reliance Industries Ltd., Tata Consultancy Services, State Bank of India, Bharti Airtel, and Tata Motors. The index has recorded returns of more than 200% over the past four to five years.
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