Indian Companies Listed in US Stock Market NYSE and Nasdaq
There are over a dozen of Indian companies which are listed on US Stock Market Nasdaq and NYSE (US Stock Exchange) and making Indian companies popular globally.
Indian Companies Listed in US Stock Market NYSE & Nasdaq
Indian companies have increasingly made their presence felt on global financial platforms, particularly the U.S. stock markets. By listing on prominent exchanges like the NYSE and Nasdaq, these companies have gained access to a broader investor base. The US stock market is the world’s largest and most valuable market cap. of $51.3 trillion. With globalization, there are few Indian companies listed on the NYSE and Nasdaq.
New York Stock Market (NYSE) with a market cap. of 25.9 trillion USD followed by Nasdaq with $21.70 trillion are two of the largest stock exchanges in the world as of 2023. These listings offer U.S. investors an opportunity to participate in India’s dynamic economic growth through American Depository Receipts (ADRs) and direct listings. The companies span various sectors including banking, pharmaceuticals, IT services, automotive, and renewable energy, reflecting the diverse and robust nature of the Indian economy.
List of Indian Companies Listed in the US Stock Market NYSE and Nasdaq
| Companies | Exchange Name & Symbol | Industry |
|---|---|---|
| HDFC Bank | NYSE | Bank |
| ICICI Bank | NYSE | Bank |
| Dr. Reddy’s Laboratories | NYSE | Pharma & Biotech |
| Freshworks | Nasdaq | SaaS |
| Infosys | NYSE | IT Services |
| WSN Holdings | NYSE | BPM, IT Consulting |
| Vedanta Ltd. | NYSE | Mining |
| MakeMyTrip Ltd. | Nasdaq | Online Travel |
| Tata Motors | NYSE | Automotive |
| Wipro Ltd. | NYSE | IT Services |
| Sify Technologies Ltd. | Nasdaq | IT Services |
| Yatra | Nasdaq | Online Travel |
| Azure Power Global Ltd. | NYSE | Solar Energy |
| ReNew Energy Global Plc | Nasdaq | Renewable Energy |
| Lytus Technologies Holdings | Nasdaq | Platform Services |
| Roadzen Inc. | Nasdaq | AI Insurance |
| Zoomcar Holdings | Nasdaq | Carsharing Platform |
Freshworks
Freshworks was founded in 2010, an Indian software product company shifted to CA, US. In Sept 2021 the company listed on Nasdaq traded as FRSH, raised over $1.03 billion in its IPO.
HDFC Bank
Indian banking and financial services company, established in 1994, headquartered in Mumbai. India’s largest bank by market cap. as of 2021. Its American Depository Receipts (ADRs) are listed on the NYSE traded as HDB.
ICICI Bank
Established in 1955, and headquartered in Gujarat, ICICI is an Indian financial services company. ICICI was listed on the NYSE in 2000, traded as IBN. The bank has a network of over 5,000 branches across India and also a presence in 17 countries.
Dr. Reddy’s Laboratories
Founded in 1984, Dr. Reddy’s is an Indian pharmaceutical company in Hyderabad. The company manufactures and markets over 190 medications, 60 APIs, Kits, biotechnology products, etc. in India and worldwide. Dr. Reddy’s listed on the NYSE are traded as RDY.
Infosys Limited
The company was founded in 1981 in Pune and headquartered in Bangalore. Infosys is an Indian Multinational IT company with a market cap. of $100 billion. Infosys became 1st Indian company listed on Nasdaq in 1999 as ADR, later ADR listing was shifted from Nasdaq to NYSE traded as INFY.
WSN Holdings
Established in 1996, and headquartered in Mumbai, WNS is a business process management company. The company is served worldwide with 60 delivery centers. In 2006, the company was listed on the NYSE and traded as WNS.
Vedanta Ltd.
Vedanta is a mining and electric utility company, founded in 1979, and headquartered in Mumbai. The company’s main operations are iron ore, gold, aluminum, copper, zinc, and mines. Vedanta is listed on the NYSE in the form of ADSs traded as VEDL.
MakeMyTrip Ltd.
MakeMyTrip was founded in 2000, headquartered in Gurugram, is an Indian online travel company. The company has offices worldwide including New York, Singapore, Dubai, and Bangkok. In 2010, MakeMyTrip listed on Nasdaq traded as MMYT.
Tata Motors
Tata Motors founded in 1945, is a multinational automotive company, headquartered in Mumbai. In 2013, the company was listed on the NYSE and traded as TTM. Tata Motors produces vans, trucks, buses, passenger cars, luxury cars, and military vehicles.
Wipro
The company was founded in 1945, headquartered in Bangalore. Wipro is an Indian Multinational IT, consulting, and business services company. It is the 29 largest Indian company by revenue. In 2000, Wipro ADS are listed at the NYSE and traded as WIT.
Sify Technologies
Sify Technologies (formerly Satyam Infoway) is an Indian information and communication technology. The company was founded in 1995, headquartered in Chennai. Since 1999, It has been listed on Nasdaq and traded as SIFY.
Yatra
Founded in 2006, and headquartered in Gurugram, Yatra is an Indian online travel agency. In 2016, the company was publicly listed on the Nasdaq and traded as YTRA.
Azure Power Global Ltd.
Azure Power was established in 2008, headquartered in New Delhi, and is an independent power producer company. The company sells energy to govt. utilities, and has a total capacity of over 7 GW, listed on the NYSE and traded as AZRE.
ReNew Energy Global Plc
ReNew Power was founded in 2011, headquartered in Gurugram. The company is India’s largest renewable energy company by operational capacity, it operates over 110 projects across India. The company listed on the Nasdaq in 2021 traded as RNW.
Lytus Technologies Holdings
Lytus Technologies was founded in 2017, headquartered in Mumbai, India. The company offers telemedicine and other value-added services through its digital platform. Listed on the Nasdaq in 2022 traded as LYT.
Roadzen Inc.
Roadzen Inc. is an AI-driven insurance technology company based in India, founded in 2015. The company uses artificial intelligence to provide innovative insurance solutions, improving efficiency and customer experience. Roadzen’s ADRs listed on Nasdaq in 2022, traded as RZN.
Zoomcar Holdings Inc.
Zoomcar is India’s leading car-sharing platform, offering a range of self-drive car rental services across major cities in India. Founded in 2013 and headquartered in Bengaluru, the company ADRs listed on Nasdaq in 2022, traded as ZCAR.
A few companies were listed earlier but delisted now, Videocon D2h (VDTH) traded in Nasdaq previously. Rediff was also listed in Nasdaq but in 2016, the company decided to delist.
The Indian ADRs list on the NYSE and Nasdaq showcases the growing influence and integration of Indian companies within the global financial ecosystem. These companies, representing diverse sectors, underscore the dynamic nature of India’s economic landscape. Their presence on U.S. stock exchanges not only provides them with enhanced visibility and access to capital but also offers U.S. investors a unique opportunity to invest in India’s burgeoning market.
