Best Blue Chips Stocks in India

In this article, we will discuss about the Best Blue Chip Stocks in India. However, first of all, we have to be clear about the meaning of Blue Chip Stocks.

Blue Chip Stocks

It refers to those stocks which are listed in stock exchange – have a great reputation for their quality, reliability and have an experience to get profit in good and bad times. These stocks are most prevalent stocks in stock market. Mostly investors want to invest in these stocks but they are highly expensive.

Companies are listed in blue chips stock, are a multi millionaire company who have a record to pay stable and rising dividend during a specified period of time. Blue chip stocks are more expensive stocks as compared to white and red stocks and the chances of carrying a risk is also low as compared to other stocks. Companies, which are listed in this category, are also counted within India’s best well-established company list.

Well, after explaining about Blue chip stocks, here we will discuss about Best Blue Chip Stocks in India, which are as follows

Best Blue Chips Stocks in IndiaAllahabad Bank

It is one of the oldest bank of India, which was established in 1865. According to the financial year 2009, the bank was not so famous and did not provide sufficient net interest margins to their customers. However, from the last 2-3 years, it is still growing continuously and performs well in stock market.

Their net interest margin is increased to 3.44 percent from their last performance. The bank growth in an interest income, the growth is 55 percent as per annual basis. The net NPA of bank is 0.59% and the gross NPA is 1.77%, which marginally increases by 0.56%.

Aditya Birla Nuvo

Aditya Birla Nuvo (ABNL) is a division of multi billionaire company “Aditya  Birla Group”. According to financial year 2010, the total revenue of this company is USD 3.5 billion. At present, it communicates with various enterprises such as in financial services, fashion, telecom, IT field, manufacturing and  lifestyle.

According to financial year 2011, ABNL earns 10 percent from their fashion and lifestyle sector, 22 percent from their telecom sector, earns One-fourth from their manufacturing sector and earns one-third from their financial services. In the financial year 2011, the net income of company is increased by 17.32 percent and their net profit is turned into a profit of Rs. 529 crore with a loss of Rs. 26 crore, which they were getting during the financial year 2010.

BASF India

BASF India is one of the most widest chemical companies. At present, it communicates with 80 other countries and offers 726 industries with a portfolio of 683 product groups. The company’s product portfolio is diversified into four segments. Agricultural solutions, Performance products, organic and plastic chemicals.

Under these four segments, the company works and gets profit. At present, the company earns income at Euro 2 billion (approx Rs. 12480 crore). From last 10 years, company has been continually earned growth and pays their stable and increase dividend to their holders during every year.

BEML

BEML is public sector company, which controls their command in manufacturing sector. The company operates their business under three segments – Defence, Mining / Construction and Rail / Metro. It provides essential equipments, which are related to their segments. The company primarily serves their service to government agencies.  At present, the scrip value at a PE is 12.7 times, which is lower as compared to other listed stocks.

Castrol India

Castrol India is a subsidiary of Castrol UK and is one of the Second largest lubricant companies in india. The company operates their business under two segments, Automotive and Industry. The company earned profit by both segments in accordance to 85:15 ratios. This means, they earn 85% by Automotive and 15% by industry.

It provides various kinds of oils which are used in machine, cars, bikes, scooter, etc. The company has been offered their dividend since 1990. This multi billionaire company has given bonus to their employees and other holders from last 20 years, which has increased, at present, 8 times.

These Five companies are most popular in the list of best blue chip stocks. Here we mention few other companies names, which are also popular in the list of best blue chip stocks

  • CESC
  • Bosch
  • Cummins India
  • Dabur India
  • Crompton Greaves
  • Dr. Reddy’s Lab
  • Divi’s Laboratories
  • Godrej Consumer Products
  • Federal bank
  • HDFC
  • Greaves Cotton
  • IDBI
  • TCS
  • IDFC
  • Asian Paints

Post Author: fn007

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