5 Best Companies to Invest in India for Beginners

In this piece, we will take a look at the five best companies to invest in India for beginners. For more companies, head on over to 10 Best Companies to Invest in India for Beginners.

5. ICICI Bank Limited (NYSE:IBN)

Market Capitalization as of December 5, 2022: $78.86 billion

ICICI Bank Limited (NYSE:IBN) is another Indian bank that is headquartered in Mumbai. The bank provides retail banking, wholesale banking, treasury, insurance, and other services. These include pension management, a variety of loans, and micro banking services.

ICICI Bank Limited (NYSE:IBN) is also a development finance institution that has thousands of branches all over India. Additionally, it also has a global presence, with subsidiaries in several countries including the U.S., Qatar, Oman, UAE, and Indonesia. The bank raked in $20 billion in revenue in 2022.

ICICI Bank Limited (NYSE:IBN)’s shares are traded on the New York Stock Exchange (NYSE), and it is worth $78.86 billion on the American stock market. 29 out of the 920 hedge funds polled by Insider Monkey for their third quarter of 2022 investments had held a stake in the bank.

Out of these, Rajiv Jain’s GQG Partners is ICICI Bank Limited (NYSE:IBN)’s largest investor. It owns 50 million shares that are worth $1 billion.