The Company contributes around 82% of the total coal production in India. Established in 1975, it is currently spearheaded under the guidance of Mr. Anil Kumar Jha. Companies that benefit from the significant competitive advantage over their peers give them the potential to outperform in their markets. Prevent unauthorized transactions in your account update your mobile number/ email Id with your Stock Broker. Receive information of your transactions directly from Exchange on your mobile / email id at the end of the day.” Investopaper.com is a financial website which provides news, articles, data and reports related to business, finance and economics.
Which are blue chip companies?
A blue-chip company is a multinational firm that has been in operation for a number of years. Think companies like Coca-Cola, Disney, PepsiCo, Walmart, General Electric, IBM, and McDonald's, which are dominant leaders in their respective industries.
They may prefer blue-chip stocks because blue-chip stocks are characterised by stable growth and solid financial prospects. They have fewer chances of going out of business and may show lower volatility even in unfavourable events. Therefore, they are said to be relatively less risky investments.
Who should Invest in Blue Chip Stocks?
TCS has also seen consistent growth with revenue growing at a CAGR of 10% over the last 5 years while the net profits saw a 7% CAGR for the same period. VST Industries has a long and illustrious history of paying consistent dividends that have been rising since 1997. Read on to know more about the high dividend blue chip stocks in India. It is among the most sought-after Tata Group equities and is easily one of the best blue chip stocks in India.
- We undoubtedly had to consider this stock in our list of blue chip stocks in India.
- Bluechip growth stocks have the ability to bounce back stronger from any adverse conditions.
- In India, penny stocks are those which are of some of the lowest value, not just in terms of their price but also in their fundamentals.
- Blue chip funds are basically several blue-chip stocks with single security that offers the simplest way to diversify into various high-quality stocks.
Company is continuously improving their operation and understanding the changing lifestyle of India. Nestle SA is the world largest food and beverage maker company. These are the product of Nestle India, which Repricing risk is the subsidiary of a Switzerland based company Nestle SA. If you have tested products like Maggi, Nescafe, KitKat, MUNCH, MILKY BAR, BARONE, NESTLE CLASSIC etc, then you would be aware about the company.
With a net profit of $6.1 billion for the fiscal year 2020–2021, it is the largest government-owned oil producer in the nation. If you investment criteria is for small term, then you should not invest in blue chip stock. For long term 8 to 10 years time period, blue chip stocks have given good return.
Detailed overview of the Best Blue Chip stocks to buy now in India
Given the large size, a Blue Chip company is easily recognisable and financially stable with a large distribution network. These companies typically sell quality products and services that are widely accepted across the country. Because of these qualities, such companies are more resilient to economic downturns.
Are blue-chip stocks safe?
No stocks assure the safety of the investment. However, blue-chip stocks are considered relatively less risky as they are the stocks of well-established companies and have fewer chances of going out of business in a recession.
The giants of the Indian market – Infosys Technologies LTD, Bharti Airtel, State Bank of India are some of the blue chip companies. This has invited much attention as well as huge investments from foreign investors. The Indian market has grown over the years because of the subsequent rise of Indian domestic companies to gaining the status of a multinational company. Investing in the stock market is all about making the right decisions, from choosing the right stock broker to choosing the right stock to invest in. These are the companies that stand on top of the pile in their sectors.
No worries for the refund as the money remains in investor’s account. The below table is the list of top blue chip stocks in India. Clearly, they are categorized based on market capitalization. In case of Nepal, there are several blue cheap stocks which have provided generous returns to the investors over long period of time. We have listed other stocks that we could not include in the top 17 in the ‘honorable mentions’. When newbie investors start investing, their biggest fear may be losing their invested principal.
Some people believe the term to have been derived from the poker game, where a blue disk begets the highest value. The below companies are the top 10 blue chip stocks listed in Nifty. Financing is the primary activity that Bajaj Finance is involved in as a business. BFL’s loan portfolio spans retail, small and medium-sized enterprises , and commercial customers, and the company has a large presence in both urban and rural areas of India.
Asian Paints is engaged in the business of paint manufacturing, selling and distribution, coatings, products related to home décor, bath fittings and providing of related services. A number of services are provided by HDFC Bank, which include Wholesale banking, Retail banking, Treasury, Auto Loans, Two Wheeler Loans, Personal Loans etc. Reliance is India’s first Indian retailer to cross US $10 billion revenue. With their past performance they have created lots of wealth for their investor. Generally they are market leader in their sector, and they sustained from very long time in the market.
Blue Chip Stocks in India – Highest Market Cap
Blue chip stocks are a perfect fit for young investors who are either interested in defensive advantages of diversification or those who do not time to research. According to your age you can balanced your portfolio, if you have started your investment very early then you can take risk and you can add maximum investement in growth stock. The CFO, CEO, and board of directors of blue chip companies have considerable experience and are known for their expertise in their industry. These stocks are very famous in those investor community who don’t want to take more risk, but they need consistent and stable return. Even though the growth of the real estate market in India has slowed down a little, it is still one of the most profitable investment avenues in the county.
The company’s earnings were INR 121,411.07 Cr., which has increased by 15.98% over the last quarter making it one of the best low price blue chip stocks. The corporation did experience some advantages as a result of the increase in oil prices in FY22. However, ONGC is at significant risk from fluctuating crude oil prices because the company’s profits are directly impacted.
The average StockBasket generated a 25.87% return in 2020, an outperformance of 11.10% in comparison to Nifty50. While blue chip stocks belong to fundamentally sound companies, you need to ensure that you diversify your investments to avoid putting all your eggs in one basket. Pick up any IT background Engineering student; TCS is one of the top companies they aspire to work for. TCS is also the second-largest Indian company in terms of Market Capitalization. It was incorporated in 1968 and has grown stronger since then.
So here is the list of List of Blue chip Companies with Mark cap More than ₹ 1,00,000 Cr. Best stock discovery tool with +130 filters, built for fundamental analysis. Profitability, Growth, Valuation, Liquidity, and many more filters. Search Stocks Industry-wise, Export Data https://1investing.in/ For Offline Analysis, Customizable Filters. Useful informations.A n effective guideline s for those willing to invest in bullmarkets. Tata Consultancy Services Limited is an Indian multinational information technology service, consulting and business solutions company.
— HDFC BANK
Having more than crore of market cap companies generally comes under blue chip stocks. According to Oliver Stocks with high price is generally referred blue chip stock but later investor community referred high quality stocks with name blue chip stocks. The same mindset goes for dividend payouts, it is to boost your confidence in the organization which you are investing in so that you keep on investing with the company & maintain your loyalty with them. Besides, dividend payouts benefit the organization as well along with the investors. It helps in reducing the volatility of the stock, increase their share prices & hence increase their net worth, etc. Selling by foreign institutional investors propelled by geopolitical tensions, rising inflation, and interest rates, among other factors, are the key reasons behind the added volatility.
This recent sell-off has not spared anyone , including the bluechip growth stocks. Despite their strong fundamentals, a lot of them have corrected in the range of 30-40% from their highs. – Since blue chip companies are well-reputed names in the market they cannot risk any delays in paying out the dividends to their shareholders. The blue chip companies in NSE can be found listed on the market index Nifty 50. A stock market is an ever-changing place where almost anything and everything can go wrong, however, investing in blue chip companies stock does no one wrong.
The Indian government has always chosen SBI as its banker of choice. Asian Paint is among the biggest paint manufacturers and companies in India. With revenue of Rs 285 billion, Asian Paint has gone a long way from its establishment in 1942 to becoming the largest paint firm in India and Asia. Asian Paints manufactures, sells, and distributes paints, coatings, home décor items, bathroom fixtures, and other related products. Blue chip stocks are generally large cap companies; they are financially very strong companies.
There are some companies that are blue chip but have a relatively low stock price. The company is regarded as one of the best construction companies worldwide. The corporation is diversified throughout several industries, including infrastructure, heavy engineering, defense engineering, oil and gas, financial services, IT, and reality.
SBI was established in 1806 and has successfully carried its legacy and heritage for over 200 years. SBI is a multinational corporation, and its presence can be noticed in 32 countries. PermalinkWhat would be your best advise to invest in shares long term as well as short term. Not all blue-chip stocks necessarily pay dividends, though many of them do.
Market capitalisation means the market value of a company’s shares, calculated by multiplying its outstanding shares and stock price. The blue-chip companies in India usually have a larger market capitalisation, generally above ₹20,000 crores. Because of their large market capitalisation, many blue-chip companies are a part of benchmark market indexes.
They are present almost in every domain, be it energy, petroleum, textiles, natural resources, telecommunications, retail, and whatnot. Reliance ranks 96 in Fortune Global 500 world’s biggest organization. Reliance is undoubtedly one of the best blue chip stocks in India.
HDFC Bank is India’s leading banking and financial service company. It is India’s largest private sector lender by assets and has a market cap of 776,526 crores. Although Oliver Gingold used the term ‘blue chips’ for high priced stocks, however, later people started using this word more often to define high-quality stocks . The table below covers some of the most important factors while evaluating Blue Chip stocks such as the return ratios – RoE, operating margins, sales and earning growth, market cap, etc. The operating profitability of the company has seen improvement over the years with operating profit currently standing at 8.07%. The company has a decent debt on the books of Rs. 647 crores and with a cash of Rs. 299 crores.