Large Cap Stocks – Why is Everyone Chasing Them???

The below table shows the large-cap stocks in India, according to the highest market capitalization.

Now that people are becoming aware of the stock market and the importance of investing in it, they still tend to be attracted towards the stocks that are trusted, performed well over time, and are stable. This is why Large Cap Stocks are so much in demand.

In this article, we bring you the best large cap stocks list along with the following topic so that you may get a clearer understanding of the large cap stocks.

Content:

• Large Cap Stocks Meaning
• Best Large Cap Companies/Stocks in India
• List of Large Cap Stocks in NSE 
• List of BSE Large-Cap Stocks

Large Cap Stocks Meaning

Large Cap Stocks are the stocks of the biggest companies based on market capitalization, listed in NSE or BSE. Generally, the market cap of a large cap company is said to be Rs 20,000 Crore or more.

You must be thinking about how market cap is measured and what factors are considered?

Market Capitalization is the average market value of a company. It is measured on the current market price of the share with respect to the number of outstanding shares (Shares held by investors) of the company.

Let’s understand the market cap calculation with an example, suppose Sanjay Sweets has 1,00,000 outstanding shares at the price of Rs 200 per share.

Market Capitalization = outstanding shares X current market price of the share

Sanjay Sweets’ Market Cap = 1,00,000 X Rs 200

Which is calculated to be Rs 2,00,00,000.

These large cap companies are most looked for in the stock market because of certain positive points. To name a few:

• Large cap companies are less riskier than volatile stocks.
• These companies have a vibrant history, enabling them to build a connection of trust with the investors.
• Large cap stocks are the most liquid investments in the market. Since they are pretty famous and buyers are readily available to buy the stocks.

The main show stopper is yet to come, so keep reading and find out about the best large-cap stocks in India.

Learn about other stocks based on market capitalization.

Read about valuation of shares, here. 

Best Large Cap Companies/Stocks in India

The below-mentioned companies are the large cap stocks we are talking about. Even though you might know about these companies, we still gave a brief introduction in case you want to know about them.

• Reliance Industries Ltd

Reliance is a household name in India. Keeping aside the newborn, almost every Indian is aware of Reliance. It is an Indian multinational conglomerate established in 1960. They are present almost in every domain, be it energy, petroleum, textiles, natural resources, telecommunications, retail, and whatnot. 

It is one of the most profitable companies in India. Reliance ranks 96 in Fortune Global 500 world’s biggest organizations. Reliance is undoubtedly one of the best large cap stocks to buy now in India.

• Tata Consultancy Services Ltd

Pick up any IT background Engineering student; TCS is one of the top companies they aspire to work for. An Indian Multinational IT company that the TATA group owns. TCS is also the second-largest Indian company in terms of Market Capitalization.

It was incorporated in 1968 and grew stronger since then. One of the largest IT sector companies, TCS, is among the best large cap stocks in India. 

• HDFC Bank Ltd

HDFC Bank is one of India’s leading and biggest private sector banks; it is also the first to get RBI’s approval for a private sector bank in 1994. With over 5608 branches and 16087 ATMs in 2902 Cities, it has a vast network.

HDFC is a Large-Cap banking stock in India and one of the largest in terms of Market-Capitalization and is one of the top large cap stocks in India.

• Infosys Ltd

Infosys Ltd was incorporated in 1981 and is now a global IT services and consulting company. They have started their journey from the capital of USD250 to now a USD79.7 Billion company.

Infosys is one of the top IT companies to work in. Infosys comes just after TCS in terms of revenue figures. It is a Large-Cap IT sector stock that gives a pretty decent dividend per share to the investor, making it one of the best large cap stocks. 

• ICICI Bank Ltd

ICICI Bank is one of the biggest private banks in India. Its total assets were valued at Rs.14.76 trillion in 2020. Its network is so strong that it has 5288 branches with 15,158 ATMs across the country.

• Hindustan Unilever Ltd

Hindustan Unilever Ltd or HUL is an amalgamation of Hindustan Vanaspati Manufacturing Company (1931), Lever Brothers India Limited (1933), and United Traders Limited (1935).

Collectively the largest providers of packaged food, beverages, household products, personal care products, water purifiers, and many more.The promoters of HUL hold up to 61% of the total share capital; they have more than 64 product brands with over 21000 employees.

• State Bank of India

I don’t think this bank needs any introduction. Every Indian Pincode has a branch of this biggest bank in the country. 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. It is also proud to know that SBI is a Fortune 500 company. Being the biggest bank in the country, SBI is a Large Cap stock.

• Housing Development Finance Corporation

Founded in 1977, Housing Development Finance Corporation Ltd or HDFC is the first specialized mortgage and finance company in India and is the flagship company of the HDFC group.

HDFC is a significant player in providing housing finance in India with its presence in banking, insurance, asset management, venture capital, and many more. 

• Bajaj Finance Ltd

Bajaj Finance Ltd was incorporated in 1987 as Bajaj Auto Finance Ltd and primarily focused on providing 2 and 3 wheeler automobiles. This subsidiary company of Bajaj FInserv later expanded its operation as a Non-Banking Financial Company (NBFC).

Now the company deals in consumer finance, SME and commercial lending, and wealth management and also made its place in the list of large cap stocks in India.

• Bharti Airtel Ltd

Bharti Airtel Limited, abbreviated as Airtel, is a New Delhi-based international telecommunications services corporation. It is present in 18 countries in South Asia and Africa, as well as in the Channel Islands. Depending on the country of operation, Airtel offers 2G, 4G LTE, and 4G+ mobile services, as well as fixed-line broadband and phone services.

Additionally, Airtel had deployed its VoLTE technology across all Indian telecom circles. It is India’s second-largest mobile network operator and the third-largest in the world. Airtel was named India’s second most valuable brand in Millward Brown and WPP plc’s first Brandz rating.

List of Large Cap Stocks in NSE

The below table is the representation of the large cap stock list in NSE. It is the same table you found above. We have arranged it again in the article so that you may compare the list with the large cap companies listed in BSE.
The companies are arranged in the order of highest market capitalization. You may also find the closing price of the share for a particular company with 1-year return on investment.

List of BSE Large-Cap Stocks

Although there’s not much difference between NSE and BSE, you may find very little change in the values of the closing price mentioned below. They are the large cap stocks list in BSE, with a similar representation as above.

Here are some of the Best Stock Research Articles listed based on Top Sectors (Industries), Market Cap, and Fundamental Analysis Factors:

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.