The National Stock Exchange (NSE) retained its spot as the most valuable unlisted company in India with a valuation of 4.86 lakh crore, as per 2025 Burgundy Private Hurun India 500 report. The stock exchange saw a 3% increase in value since last year. It was followed by Serum Institute of India, Adani Properties, Haldiram Snacks and Zerodha, among others