LIC briefly became India's fifth-most valued company after it surpassed ₹7 lakh crore market value on Friday. Reliance Industries is India's most valuable company with ₹19.7 lakh crore market cap. It's followed by TCS (₹15.12 lakh crore), HDFC Bank (₹10.65 lakh crore), ICICI Bank (₹7.09 lakh crore), Infosys (₹6.9 lakh crore), LIC (₹6.8 lakh crore) and SBI (₹6.4 lakh crore).