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In 2023, which Indian company became the first to reach a market capitalization

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Question: In 2023, which Indian company became the first to reach a market capitalization of $200 billion? (2023)

Options:

  1. Reliance Industries
  2. Tata Consultancy Services
  3. Infosys
  4. HDFC Bank

Correct Answer: Reliance Industries

Exam Year: 2023

Solution: 

Reliance Industries became the first Indian company to reach a market capitalization of $200 billion in 2023.

In 2023, which Indian company became the first to reach a market capitalization

Practice Questions

Q1
In 2023, which Indian company became the first to reach a market capitalization of $200 billion? (2023)
  1. Reliance Industries
  2. Tata Consultancy Services
  3. Infosys
  4. HDFC Bank

Questions & Step-by-Step Solutions

In 2023, which Indian company became the first to reach a market capitalization of $200 billion? (2023)
  • Step 1: Understand what market capitalization means. It is the total value of a company's shares of stock.
  • Step 2: Know that in 2023, a company reached a significant milestone of $200 billion in market capitalization.
  • Step 3: Identify the company that achieved this milestone. The company is Reliance Industries.
  • Step 4: Confirm that Reliance Industries is the first Indian company to reach this market value.
  • Market Capitalization – The total market value of a company's outstanding shares, indicating its size and financial health.
  • Milestones in Business – Significant achievements or records set by companies, often used to gauge their growth and market position.
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