Best Large Cap Stocks to Buy now In India 2022

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Large cap stocks are also known as big caps shares that trade for corporations with a market capitalization of $10 billion or more. Large cap stocks typically have lower volatility, greater analyst coverage, best fundamentals and perhaps a steady dividend stream. Large caps are generally safer investments than the mid and small cap shares as the companies are more established.   Check our  blog on  List of companies listed in NSE to get more Idea. Here are the large cap stock list

   1. State Bank Of India (SBIN)

State Bank Of India (SBIN)State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world’s biggest corporations of 2020, being the only Indian bank on the list.

Fundamental Analysis

Market Cap  ₹ 406,204 Cr.

Debt  ₹ 4,536,570 Cr.

ROE  12.2 %

Sales growth  4.26 %

Promoter holding  57.6 %

ROCE  4.44 %

Stock P/E  11.5

Industry PE  9.05

   2. AXIS BANK

AXIS BANK

Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It sells financial services to large and mid-size companies, SMEs and retail businesses.

Fundamental Analysis

Market Cap  ₹ 195,309 Cr.

Debt  ₹ 859,872 Cr.

Sales growth  6.41 %

ROE  13.6 %

Promoter holding  9.70 %

ROCE  5.59 %

Stock P/E  13.9

Industry PE  16.9

 

   3. HEROMOTOCO

HEROMOTOCO

Hero MotoCorp Limited, formerly Hero Honda, is an Indian multinational motorcycle and scooter manufacturer headquartered in New Delhi. The company is one of the largest two-wheeler manufacturers in the world as well as in India.

Fundamental Analysis

Market Cap  ₹ 52,866 Cr.

Debt  ₹ 605 Cr.

ROE  14.8 %

Sales growth  -4.55 %

ROCE  19.2 %

Promoter holding  34.8 %

Stock P/E  22.8

Industry PE  37.3

 

   4. Godrej Consumer Products

HEROMOTOCO

Godrej Consumer Products Limited (GCPL) is an Indian consumer goods company based in Mumbai, India. GCPL’s products include soap, hair colourants, toiletries and liquid detergents.

Fundamental Analysis

Market Cap  ₹ 79,649 Cr.

Debt  ₹ 1,704 Cr.

Sales growth  11.3 %

ROE  17.1 %

ROCE  18.5 %

Promoter holding  63.2 %

Stock P/E  44.4

Industry PE  31.2

 

   5. ONGC

ONGC

The Oil and Natural Gas Corporation (ONGC) is an Indian oil and gas explorer and producer. It is under the ownership of the Ministry of Petroleum and Natural Gas and Government of India. Its headquarters is situated in Vasant Kunj, New Delhi.

Fundamental Analysis

Market Cap  ₹ 168,827 Cr.

Debt  ₹ 121,986 Cr.

Sales growth  75.0 %

ROE  19.6 %

ROCE  16.8 %

Promoter holding  58.9 %

Stock P/E  3.59

Industry PE  18.1

 

   6. DRREDDY

DRREDDY

Dr. Reddy’s Laboratories is an Indian multinational pharmaceutical company located in Hyderabad, Telangana, India. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited.

Fundamental Analysis

Market Cap  ₹ 71,014 Cr.

Debt  ₹ 3,384 Cr

ROE  11.8 %

Sales growth  13.1 %

ROCE  14.5 %

Promoter holding  26.7 %

Stock P/E  32.6

Industry PE  22.4

 

   7. Bajaj Auto

Bajaj Auto

Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s.

Fundamental Analysis

Market Cap  ₹ 107,682 Cr.

Debt  ₹ 123 Cr.

ROE  19.4 %

Sales growth  19.5 %

ROCE  23.9 %

Promoter holding  53.8 %

Stock P/E  19.5

Industry PE  25.5

 

   8. TATA Consultancy Services (TCS)

TATA Consultancy Services (TCS)

Tata Consultancy Services (TCS) is an Indian multinational information technology (IT) services and consulting company with its headquarters in Mumbai. It is a part of the Tata Group and operates in 149 locations across 46 countries.

Fundamental Analysis

Market Cap  ₹ 1,206,755 Cr.

Debt  ₹ 7,818 Cr.

ROE  43.6 %

Sales growth  16.8 %

ROCE  54.9 %

Promoter holding  72.3 %

Stock P/E  31.5

Industry PE  24.5

 

   9. Hindustan Unilever Limited (HUL)

Hindustan Unilever Limited (HUL)

Hindustan Unilever Limited (HUL) is a consumer goods company headquartered in Mumbai, India.[3] It is a subsidiary of Unilever, a British company. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods.

Fundamental Analysis

Market Cap  ₹ 527,953 Cr.

Debt  ₹ 1,043 Cr.

ROE  18.4 %

Sales growth  11.5 %

ROCE  24.4 %

Promoter holding  61.9 %

Stock P/E  60.7

Industry PE  59.0

 

   10.ABBOTT INDIA

 

ABBOTT INDIA

Abbott India Ltd is one of the leading multinational pharmaceutical companies in India and sells its products through independent distributors primarily within India.

Fundamental Analysis

Market Cap  ₹ 38,401 Cr.

Debt  ₹ 152 Cr.

ROE  29.5 %

Sales growth  14.1 %

ROCE  38.4 %

Promoter holding  75.0 %

Stock P/E  48.1

Industry PE  31.3

Read our latest blog on Best  Stock for long term Investment.

 

 

1 COMMENT

  1. […] Midcap is a term that encloses companies and stocks which fall in between large-cap and small-cap categories. Midcaps fall in the range of Rs 5,000 to 20,000 crore. The appealing feature of mid cap companies as far as investors are concerned that they offer higher growth as compared to large cap stocks and lower volatility than small cap stocks. Mid cap stocks provide a good diversification to an investor’s portfolio.  Read latest blog on Best large Cap Stocks […]

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