Some of the best performers in the history of India’s stock markets have been the blue chip kind. The best Indian blue chip stocks are highly coveted among Indian stock market investors. Find out more.
Blue Chip stocks tend to be among the most valuable stocks in the market. The term is derived from the game of poker where the blue chip is the most valuable chip. Blue Chip stocks usually gain their status by virtue of their consistent performance for many years in the market. In this post, we will take a look at some of the best Indian blue chip stocks. These stocks have performed at a consistently high level and have given great returns to their investors. Let’s check them out.
Here are the Best Blue Chip Stocks in India
Reliance Industries (RELIANCE)
Kicking off our list of the best blue chip stocks in India, is Reliance Industries Ltd. It is India`s largest private sector enterprise, with businesses in the energy and materials value chain. The company works under different business segments: Exploration and Production, Petroleum Refining and Marketing, Petrochemicals, Textiles, and Retail. Products and brands offered by the company includes Crude oil and natural gas, LPG, Propylene, Naphtha, Gasoline, Jet/Aviation Turbine Fuel, Superior Kerosene Oil, High-Speed Diesel, Sulphur, Petroleum Coke, Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Linear Low Density Polyethylene, Polyvinyl Chloride, Poly Olefin, Suitings, Shirtings, Readymade Garments, Furnishing fabrics, Day curtains, Automotive upholstery, Suitings, Ready-to-stitch, Take away fabric, Fleet management services, Highway hospitality services, Vehicle care services, Linear Alkyl Benzene, Paraxylene, Purified Terephthalic Acid, Mono Ethylene Glycol, Staple Fibre, Filament Yarn, Texturised yarn, Twisted yarn, Moisture management yarn, Quality certified sleep products & Polyethylene terephthalate.
Hindustan Unilever (HINDUNILVR)
Next on the list of the best blue chip stocks in India, is Hindustan Unilever Ltd. It was incorporated in the year 1933, is a Large Cap company (having a market cap of Rs 506141.41 Crore) operating in the FMCG sector.
Hindustan Unilever Ltd. key Products/Revenue Segments include Personal Care which contributed Rs 38273.00 Crore to Sales Value (98.67 % of Total Sales) and Other Operating Revenue which contributed Rs 512.00 Crore to Sales Value (1.32 % of Total Sales)for the year ending 31-Mar-2020.
For the quarter ended 30-09-2020, the company has reported a Consolidated sales of Rs 11520.00 Crore, up 8.97 % from last quarter Sales of Rs 10572.00 Crore and up 15.70 % from last year same quarter Sales of Rs 9957.00 Crore Company has reported net profit after tax of Rs 1974.00 Crore in latest quarter.
HDFC BANK (HDFCBANK)
Next on the list of the best blue chip stocks in India, is HDFC Bank Limited. It is a holding company. The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank’s segments include Treasury, Retail banking, Wholesale banking and Other banking business. The Treasury segment primarily consists of net interest earnings from the Bank’s investment portfolio, money market borrowing and lending, gains or losses on investment operations and on account of trading in foreign exchange and derivative contracts. The Retail Banking segment serves retail customers through a branch network and other delivery channels, as well as through alternative delivery channels. The Bank provides its corporate and institutional clients a range of commercial and transactional banking products. The Other banking business segment includes income from para banking activities.
Asian Paints (ASIANPAINT)
Next on the list of the best blue chip stocks in India, is Asian Paints Ltd. It manufactures paints in the category of Decorative, Automotive and Industrial segment. Apart from these the company also manufactures various accessories like Wall Primer, Wood Primer, Putty and Stainers etc. The company has a state-of-the-art supply chain system which uses cutting edge technology to integrate all its plants, regional distribution centres, outside processing centres, and branches in India. They also have a big and experienced R&D team that has successfully managed to develop High-end exterior finishes and wood finishes in-house, which was earlier imported into the country. These products are currently marketed under Asian Paints Elastomeric Hi-Stretch Exterior paint and Asian Paints PU wood finish respectively. Their product range includes Automotive Paints, Decorative Paints, Industrial Paints & Ancillaries – A range of ancillaries like primers, fillers stainers, and a lot more. The company is also in the business activities of Paints and Home Improvement.
Tata Consultancy Services (TCS)
Next on the list of the best blue chip stocks in India, is Tata Consultancy Services Ltd. This IT giant was incorporated in the year 1995. It is a Large Cap company (with a market cap of Rs 1020873.78 Crore) operating in IT Software sector.
Tata Consultancy Services Ltd. key Products/Revenue Segments include Information Technology & Consultancy Services which contributed Rs 97356.00 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 30-09-2020, the company has reported a Consolidated sales of Rs 40135.00 Crore, up 4.73 % from last quarter Sales of Rs 38322.00 Crore and up 2.97 % from last year same quarter Sales of Rs 38977.00 Crore Company has reported net profit after tax of Rs 7504.00 Crore in latest quarter. TCS generates over 70% of the dividend of its parent company, Tata Sons.
Next on the list of the best blue chip stocks in India, is Infosys Limited. Perhaps India’s most popular It company, Infosys is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation. Its segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH).
Next on the list of the best blue chip stocks in India, is ITC Limited. It is a holding company, which is engaged in the marketing of fast moving consumer goods (FMGC). The Company operates through four segments: FMCG; Hotels; Paperboards, Paper and Packaging, and Agri Business. The FMCG segment includes Cigarettes, such as cigarettes and cigars, and Others, such as branded packaged foods businesses (Staples, Snacks and Meals; Dairy and Beverages, and Confections); Apparel; Education and Stationery Products; Personal Care Products; Safety Matches, and Agarbattis. Its Hotels segment includes Hoteliering. Its Paperboards, Paper and Packaging segment includes paperboards; paper, including specialty paper, and packaging, including flexibles. Its Agri Business segment includes Agri commodities, such as soya, spices, coffee and leaf tobacco. Its brands include Aashirvaad, Sunfeast Dark Fantasy, Bingo!, Yumitos, YiPPee!, Candyman, GumOn, Classmate, Fiama Di Wills, Vivel, Superia, Engage, Wills Lifestyle, John Players, Mangaldeep and Aim, among others.
Eicher Motors (EICHERMOT)
Next on the list of the best blue chip stocks in India, is Eicher Motors Ltd. This firm engages in the development, design, manufacture, assembly and sale of two-wheelers as well as related parts and accessories. It operates through Domestic and Overseas geographical segments. The Domestic segment includes sales and services to customers located in India. The Overseas segment includes sales and services rendered to customers located outside India. The company was founded on March 14, 1982 and is headquartered in Gurugram, India.
Bajaj Auto (BAJAJ-AUTO)
Next on the list of the best blue chip stocks in India, is Bajaj Auto Ltd. The company was established in the year 2007. It is a Large Cap company (having a market cap of Rs 90548.73 Crore) operating in the Auto sector.
Bajaj Auto Ltd. key Products/Revenue Segments include Automobile – 2 & 3 Wheelers which contributed Rs 29111.54 Crore to Sales Value (97.30 % of Total Sales), Export Incentives which contributed Rs 458.59 Crore to Sales Value (1.53 % of Total Sales), Other Operating Revenue which contributed Rs 330.38 Crore to Sales Value (1.10 % of Total Sales), Scrap which contributed Rs 18.14 Crore to Sales Value (0.06 % of Total Sales)for the year ending 31-Mar-2020.
Nestle India (NESTLEIND)
Rounding up our list of the best blue chip stocks in India, is Nestlé India Ltd. This global giant engages in the manufacture and sale of various food products. It offers milk products, nutrition, beverages, prepared dishes and cooking aids, and confectionery. It operates through the EveryDay, Nestea, Nescafe, Maggi, Kitkat, and Milkybar brands. The company was founded on March 28, 1959 and is headquartered in Gurgaon, India.