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Top four women led companies on the Indian stock market

09 Feb 2024


India has a population consisting of at least 48% women. However, only a small percentage of these women actively contribute to the economy and participate in the workforce. This pressing issue is currently being addressed with efforts to increase female participation in the workplace. 

Nevertheless, many women tend to discontinue their careers once they reach a certain age when societal expectations ask them to prioritise family and childcare.

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The good part is that not all women drop out of the workforce; many of them remain committed and have enduring success stories. In this article, we will delve into the top four Indian companies led by women.

Biocon Ltd, led by Kiran Majumdar Shaw 

Biocon Limited is into producing innovative biologics, biosimilar insulins, antibodies, and generic APIs (Active Pharmaceutical Ingredients). Its reach extends to over 120 countries, with a significant presence in markets such as the USA and Europe. 

Biocon is committed to making high-quality medicines accessible and affordable to many people, aiming to provide reasonably priced specialty medications to individuals worldwide.

In recognition of her outstanding achievements, Kiran Mazumdar Shaw was honoured with the EY World Entrepreneur Of The Year award in 2020. She is also celebrated as the first woman to chair the board of governors at the Indian Institute of Management Bangalore. 

Born on March 23, 1953, in Bangalore, Karnataka, Kiran Mazumdar-Shaw is the daughter of Gujarati parents, with her father, Rasendra Mazumdar, serving as the head brewmaster of United Breweries. Her journey serves as an inspiration to countless women across the globe.

Balaji Telefilms Ltd. led by Ekta Kapoor 

Balaji Telefilms Ltd. ranks among the leading content production houses in Asia and the Middle East, primarily specialising in creating and delivering Hindi and regional content. They have produced more than 150 shows across multiple languages. Their portfolio includes some of the most celebrated and successful shows in the Indian television industry.

Ekta Kapoor is a notable figure in Indian television and film production. She is the joint managing director and creative head of Balaji Telefilms Limited, a company she co-founded in 1994. In 2001, she expanded the Balaji brand by launching Balaji Motion Pictures, a subsidiary focused on film production and distribution. 

Furthermore, Ekta Kapoor introduced ALT Balaji in April 2017, adding digital content production to Balaji Telefilms' portfolio of accomplishments.

Apollo Hospitals Enterprise Ltd led by Suneeta Reddy

Apollo's first hospital was established in Chennai in 1983. Today, it has evolved into one of India's largest healthcare enterprises. It has a wide array of healthcare services through its network of 71 hospitals, over 5,400 pharmacies, and 250 primary healthcare centres scattered across India. 

Suneeta Reddy is the Managing Director of Apollo Hospitals and a founding family member. She embarked on her journey with Apollo Hospitals in 1989. Under her guidance, Apollo Hospitals has emerged as a pioneer in integrated healthcare and has established a robust presence across the healthcare spectrum. 

Throughout her extensive career, she has overseen the implementation of numerous greenfield and brownfield projects.

HCL Technologies, led by Roshni Nadar

HCL Technologies is a prominent global IT services company and ranks among the top five Indian IT services firms in terms of revenue. It offers comprehensive services, including software-driven IT solutions, remote infrastructure management, engineering and R&D services, and Business Process Outsourcing (BPO). 

Roshni Nadar Malhotra is the chairperson of HCL Technologies. She made history by becoming the first woman to lead an Indian IT company. Her career began as a news producer in the United Kingdom, but at 27, she transitioned to her father's business.

Upon her return to India, she began contributing to the family business. Although she had no natural inclination for technology, her strategic decisions in treasury management, risk management, and governance played a pivotal role in HCL's growth and success.


The women mentioned above have shattered glass ceilings and driven their companies to new heights. As you explore investment opportunities, keep an eye on these remarkable women and the companies they lead as they continue to shape India's corporate landscape and inspire the next generation of leaders.


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