Blue Chip Companies in India 2017

Blue chip companies in India are considered most stables stocks for investing. When one invests in blue chip stocks its considered best for long term returns.

Fundamentals of blue chip companies are very strong. Blue chip stock companies can make profits even in bad times.

Hence expert investors give special attention to these stocks.

Blue chip stocks also display excellent dividend payment history.

When a company can distribute dividends even in bad times, it shows how confident they are about their cash inflows. Such assured cash-inflow, can happen only when company is enjoying strong competitive advantage. It is this competitive advantage that makes blue chip stocks so like-able by all investors.


Personally, I would love to have a ready list of blue chip companies in India. List of blue chip companies can give a great starting point for novice investors. Stock investment is risky, but investing is blue chip stocks helps to reduce this risk.

Expert investors likes steady returns and low price volatility in stocks. This requirement is fulfilled best by blue chip companies. Value investors in particular track blue chip stocks very closely.

Value investors do not buy blue chip stocks always. During majority trading days, blue chip stocks trade at exorbitant price levels. This is why value investors track its price movements closely. They wait for prices to fall below its intrinsic value. Buying stocks of blue chip companies at undervalued price levels ensures very good returns.

What are Blue Chip Stocks?

Different people will define it differently. I will provide my definition that has worked wonderfully for me. Idea is to formulate a theory based on this we can shortlist best stocks for long term investing. Stock market has thousands of listed companies. But majority of them are below average performers. Blue chip companies are best stocks available in market for people looking for long term holding.

Very Large Company This is the first essential characteristic of a blue chip company. We can use sales turnover & EBITDA as our yard stick to screen such companies from majority. Company which is able to aggregate high sales turnover & high EBITDA should be preferred over others.

Established Company: This is the second essential characteristic of a blue chip company. Established company is one which is able to maintain or grow its EBITDA over long period of time. A company which is established enjoys strong competitive advantage. This way they can increase their profits at fast pace. Company which is able to growth its EBITDA fast should be preferred over others.

Strong Management: This is the third essential characteristic of a blue chip company. Strong management team is defined by how profitably the management is running the company. Profitability of a company can be established by looking at its Margins. In personally use EBITDA Margin and RoCE to screen blue chip stocks.

Shareholders Value: No matter how well the company is operating, but if it is not taking care to enhance shareholders value, all efforts will go in vain. Shareholder can benefit from stocks in only two ways. One, by market price appreciation of stock. Second, by earning dividends. A company which is able to grow its EPS and yield high dividends will be surely liked by all investors.

Price Valuation: Even shares like Apple, Microsoft, Berkshire Hathaway, Exxon Mobil, TCS, RIL is not interesting for investors if it is not priced correctly. Looking at companies PEG ratio is a must before buying its stocks. Low PEG (<1) makes it a preferred choice for investors.

Blue Chip Companies & Dividend Distribution

Blue chip companies has a typical characteristic of paying consistent dividends. Value investors will note dividend/share growth-rate of last one decade. A company will certainly qualify as a blue chip stock if it has managed to pay consistently high-dividends for last 10 years. Investors whose primary focus is income generation will buy blue chip stocks. Long term capital appreciation of blue chip stocks may not be high, but in short term it yields high dividends. Dividend income is hard-cash earned by shareholders. Dividend is more comforting than hypothetical capital appreciation. Consistent dividend generating characteristic of blue chip stocks makes it very special.

Blue Chip Companies & EPS

Companies which has managed to pay dividends, even in bad times, are considered great by investors. People must look into the profit and loss accounts (P&L a/c) of dividend paying companies. In P&L a/c we should check the historic Earning Per Share (EPS). Net Profit of company (PAT) divided by total shares outstanding in market is equal to EPS. A positive EPS figures declared in P&L a/c confirms that the company is really making profits. There are companies who fake by distributing dividends. Shareholders receives dividends and they falsely assume that companies fundamentals are good. But when one checks the history of EPS (last fives years) the real fact can be negative EPS growth. So, while developing a list of blue chip companies in India, one should not only look at dividend disbursement patters but also check EPS growth. We do not want to buy stocks of companies whose EPS is only decreasing.

A continuously improving EPS is what we would like to see in the profit and loss accounts of companies.

We provide List of Blue Chip Companies

Investors who are interested to invest for long term horizon should buy stocks of blue chip companies. These stocks are comparatively stable and poses lower rick of loss in long term. But how to prepare a list of blue chip companies in India? There are hundreds of companies that are doing good business in the market. Are all of them qualify as a blue chip company? No, all companies cannot be classified as blue chip companies. It is not so difficult to analyze a company in scale of blue chip ratings. But the difficult compounds when have several hundred companies to analyze. Moreover, financial results of all companies change every quarter. So it is a marathon task to keep an updated list of blue chip companies. Do not worry please, I have a solution, I will prepare one for my readers. I personally keep updating a list of blue chip companies for my personal investment purpose. The parameters based on which I screen my stocks are also provided below.

1) Very Large Company
High Sales turnover, High EBITDA & High Market Cap.

2) Established Company
Fast EBITDA Growth

3) Strong Management
High EBITDA Margin & High ROCE

4) Shareholders Value
High EPS Growth & High Dividend Yield

5) Price Valuation
Low PEG

List of Blue Chip Companies in India

On basis of these parameters, I screen all stocks that are listed in Bombay Stock Exchange (BSE). I have shared my list with my readers. These companies are listed in order of priority. Best blue chip company has been given a serial number one and so on….

(Updated as on September’2017)

Large Company

SL Company Sector Price Market Cap (Cr) Networth (Cr)
1 Tata Consultancy Services Ltd. Technology 2451.05 470637.18 86214
2 Ajanta Pharma Ltd. Healthcare 1204.65 10655.92 1567.68
3 Infosys Ltd. Technology 914.1 209896.96 68982
4 Larsen & Toubro Infotech Ltd. Technology 766 13087.31 3144.3
5 Vakrangee Ltd. Technology 499.45 26893.6 2053.75
6 Tata Elxsi Ltd. Technology 1716.15 5357.64 558.98
7 ITC Ltd. FMCG 283.15 345007.18 46412.93
8 Arrow Greentech Ltd. Chemicals 679 789.28 96.18
9 Kaveri Seed Company Ltd. FMCG 554.5 3853.62 906.68
10 Procter & Gamble Hygiene & Health Care Ltd. FMCG 8419 27234.56 1511.21
11 Kirloskar Brothers Investments Ltd. Financial 4433.8 2351.1 981.1
12 Divi's Laboratories Ltd. Healthcare 715.9 19120.37 5357.39
13 Aurobindo Pharma Ltd. Healthcare 755.55 44661.82 9371.91
14 Maruti Suzuki India Ltd. Automobile 7833.35 237285.4 37075.1
15 PI Industries Ltd. Chemicals 716 9906.24 1627.18
16 Crisil Ltd. Financial 1888 13573.42 945.35
17 eClerx Services Ltd Services 1255 5035.85 1215.35
18 Dr. Lal Pathlabs Ltd. Healthcare 827.55 6796.2 659.8
19 Avanti Feeds Ltd. FMCG 1862.4 8528.98 640.47
20 Persistent Systems Ltd. Technology 619.5 4976 1899.26
21 Thyrocare Technologies Ltd. Healthcare 682.95 3674.69 406.78
22 Just Dial Ltd. Services 388.55 2721.26 671.6
23 CMC Ltd. Technology 2032.25 6162.41 1355.16
24 Tech Mahindra Ltd. Technology 417.1 41734.69 17667.6
25 La Opala RG Ltd. Construction 483 2669.55 273.64
26 Torrent Pharmaceuticals Ltd. Healthcare 1215.7 20655.33 4350.13
27 Page Industries Ltd. Textiles 18165 20244.28 665.78
28 Dewan Housing Finance Corpn. Ltd. Financial 524.8 16177.65 7730.6
29 Pidilite Industries Ltd. Chemicals 841.7 43392.73 3470.91
30 BSE Ltd. Financial 974.6 5265.83 2662.4
31 Sharda Cropchem Ltd. Chemicals 439.9 3928.65 959.84
32 Britannia Industries Ltd. FMCG 4211.95 51041.95 2696.42
33 Sun TV Network Ltd. Services 764 30188.85 4028.46
34 Cupid Ltd. Healthcare 288.1 316.78 51.33
35 Colgate-Palmolive (India) Ltd. FMCG 1119.45 30556.23 1273.8
36 Zee Entertainment Enterprises Ltd. Services 520 49991.36 6656.7
37 Lupin Ltd. Healthcare 1005.25 45028.36 13497.57
38 Finolex Industries Ltd. Chemicals 607.5 7532.59 2314.77
39 Hexaware Technologies Ltd. Technology 269.65 8063.59 1711.1
40 Indraprastha Gas Ltd. Energy 1283 17945.92 3011.69
41 Asian Paints Ltd. Chemicals 1198.25 115530.58 7602.3
42 Adani Ports and Special Economic Zone Ltd. Services 384.75 80311.51 17525.98
43 Rural Electrification Corpn. Ltd. Financial 166.75 33079.15 33670.56
44 MindTree Ltd. Technology 459 7784.04 2577.1
45 Indo Count Inds. Ltd. Textiles 113.15 2291.81 846.18
46 Suven Life Sciences Ltd. Healthcare 164.9 2081.7 667
47 Bajaj Auto Ltd Automobile 2913.4 84479.25 17856.57
48 Industrial & Prudential Investment Co. Ltd. Financial 1272 222.01 184.39
49 Sanofi India Ltd. Healthcare 4060 9394.19 1735.6
50 Syngene International Ltd. Healthcare 447.6 8991 1413.1

Established Company

SL Company Sector Price 5 Year Book Value Growth 5 Year Revenue Growth
1 Tata Consultancy Services Ltd. Technology 2451.05 23.62 19.26
2 Ajanta Pharma Ltd. Healthcare 1204.65 39.33 23.97
3 Infosys Ltd. Technology 914.1 17.06 15.21
4 Larsen & Toubro Infotech Ltd. Technology 766 21.38 15.36
5 Vakrangee Ltd. Technology 499.45 115.61 24.21
6 Tata Elxsi Ltd. Technology 1716.15 24.21 19.1
7 ITC Ltd. FMCG 283.15 17.45 10.04
8 Arrow Greentech Ltd. Chemicals 679 44.81 67.4
9 Kaveri Seed Company Ltd. FMCG 554.5 36.88 29.43
10 Procter & Gamble Hygiene & Health Care Ltd. FMCG 8419 20.27 19.89
11 Kirloskar Brothers Investments Ltd. Financial 4433.8 58.2 153.85
12 Divi's Laboratories Ltd. Healthcare 715.9 20.24 16.87
13 Aurobindo Pharma Ltd. Healthcare 755.55 31.82 26.36
14 Maruti Suzuki India Ltd. Automobile 7833.35 17.75 13.54
15 PI Industries Ltd. Chemicals 716 35.41 18.93
16 Crisil Ltd. Financial 1888 17.31 13.9
17 eClerx Services Ltd Services 1255 28.2 22.98
18 Dr. Lal Pathlabs Ltd. Healthcare 827.55 29.82 21.67
19 Avanti Feeds Ltd. FMCG 1862.4 43.01 47.35
20 Persistent Systems Ltd. Technology 619.5 17.57 23.54
21 Thyrocare Technologies Ltd. Healthcare 682.95 26.68 22.43
22 Just Dial Ltd. Services 388.55 38.93 29.97
23 CMC Ltd. Technology 2032.25 21.55 23.62
24 Tech Mahindra Ltd. Technology 417.1 18.2 39.63
25 La Opala RG Ltd. Construction 483 36.3 17.99
26 Torrent Pharmaceuticals Ltd. Healthcare 1215.7 29.51 16.79
27 Page Industries Ltd. Textiles 18165 32.05 25.05
28 Dewan Housing Finance Corpn. Ltd. Financial 524.8 23.41 24.51
29 Pidilite Industries Ltd. Chemicals 841.7 21 12.43
30 BSE Ltd. Financial 974.6 18.09 7.04
31 Sharda Cropchem Ltd. Chemicals 439.9 19.59 17.95
32 Britannia Industries Ltd. FMCG 4211.95 45.61 10.54
33 Sun TV Network Ltd. Services 764 9.91 7.45
34 Cupid Ltd. Healthcare 288.1 22.44 26.13
35 Colgate-Palmolive (India) Ltd. FMCG 1119.45 23.84 8.13
36 Zee Entertainment Enterprises Ltd. Services 520 14.15 16.17
37 Lupin Ltd. Healthcare 1005.25 26.86 19.82
38 Finolex Industries Ltd. Chemicals 607.5 28.18 7.31
39 Hexaware Technologies Ltd. Technology 269.65 9.76 19.5
40 Indraprastha Gas Ltd. Energy 1283 18.95 8.67
41 Asian Paints Ltd. Chemicals 1198.25 22.57 9.68
42 Adani Ports and Special Economic Zone Ltd. Services 384.75 28.64 25.63
43 Rural Electrification Corpn. Ltd. Financial 166.75 18.17 18.08
44 MindTree Ltd. Technology 459 21.1 22.28
45 Indo Count Inds. Ltd. Textiles 113.15 87.28 22.52
46 Suven Life Sciences Ltd. Healthcare 164.9 39.38 21.63
47 Bajaj Auto Ltd Automobile 2913.4 24.04 2.12
48 Industrial & Prudential Investment Co. Ltd. Financial 1272 46.37 462.11
49 Sanofi India Ltd. Healthcare 4060 9.48 12.72
50 Syngene International Ltd. Healthcare 447.6 31.44 23.58

Strong Management

SL Company Sector Price ROE (%) Operating Margin (%) Free Cash Flow (Cr) Debt Equity Ratio
1 Tata Consultancy Services Ltd. Technology 2451.05 33.64 30.97 25728.59 0
2 Ajanta Pharma Ltd. Healthcare 1204.65 36.75 35.94 596.59 0
3 Infosys Ltd. Technology 914.1 22.03 31.66 11213.67 0
4 Larsen & Toubro Infotech Ltd. Technology 766 38 21.8 1226.82 0
5 Vakrangee Ltd. Technology 499.45 29.28 23.78 600.42 0.07
6 Tata Elxsi Ltd. Technology 1716.15 36.69 23.45 127.61 0
7 ITC Ltd. FMCG 283.15 24.27 40.24 8546.81 0
8 Arrow Greentech Ltd. Chemicals 679 40.75 75.65 12.11 0
9 Kaveri Seed Company Ltd. FMCG 554.5 20.75 23.07 214.8 0
10 Procter & Gamble Hygiene & Health Care Ltd. FMCG 8419 30.89 27.86 359.64 0
11 Kirloskar Brothers Investments Ltd. Financial 4433.8 16.84 11.97 356.96 0
12 Divi's Laboratories Ltd. Healthcare 715.9 21.98 37.45 769.92 0.01
13 Aurobindo Pharma Ltd. Healthcare 755.55 27.57 23.81 3334.7 0.36
14 Maruti Suzuki India Ltd. Automobile 7833.35 21.68 18.58 8745.02 0.01
15 PI Industries Ltd. Chemicals 716 33.14 25.98 267.25 0.07
16 Crisil Ltd. Financial 1888 36.24 33.37 303.41 0
17 eClerx Services Ltd Services 1255 30.67 36.78 329.76 0
18 Dr. Lal Pathlabs Ltd. Healthcare 827.55 26.78 28.68 123.64 0
19 Avanti Feeds Ltd. FMCG 1862.4 42.93 12.94 199.94 0.03
20 Persistent Systems Ltd. Technology 619.5 17.11 19.5 126.74 0
21 Thyrocare Technologies Ltd. Healthcare 682.95 18.56 41.65 56.75 0
22 Just Dial Ltd. Services 388.55 21.82 33.16 85.03 0
23 CMC Ltd. Technology 2032.25 22.07 15.86 101.33 0
24 Tech Mahindra Ltd. Technology 417.1 19.07 17.03 4003.49 0.09
25 La Opala RG Ltd. Construction 483 21.73 33.53 51.26 0
26 Torrent Pharmaceuticals Ltd. Healthcare 1215.7 23.8 27.33 610.14 0.58
27 Page Industries Ltd. Textiles 18165 44.54 20.61 222.37 0.13
28 Dewan Housing Finance Corpn. Ltd. Financial 524.8 43.11 84.69 2589.35 10.55
29 Pidilite Industries Ltd. Chemicals 841.7 28.15 24.43 700.12 0.03
30 BSE Ltd. Financial 974.6 10.18 50.37 938.09 0
31 Sharda Cropchem Ltd. Chemicals 439.9 21.57 24.11 29.39 0
32 Britannia Industries Ltd. FMCG 4211.95 37 15.78 192.46 0.05
33 Sun TV Network Ltd. Services 764 26.71 72.71 578.82 0
34 Cupid Ltd. Healthcare 288.1 46.97 41.74 10.54 0
35 Colgate-Palmolive (India) Ltd. FMCG 1119.45 50.48 24.73 420.48 0
36 Zee Entertainment Enterprises Ltd. Services 520 38.75 30 1492.6 0.29
37 Lupin Ltd. Healthcare 1005.25 20.98 26.29 1337.61 0.6
38 Finolex Industries Ltd. Chemicals 607.5 17.7 19.62 153.05 0.04
39 Hexaware Technologies Ltd. Technology 269.65 27.12 17.4 232.66 0
40 Indraprastha Gas Ltd. Energy 1283 19.48 26.61 684.05 0
41 Asian Paints Ltd. Chemicals 1198.25 27.84 21.53 1018.53 0.07
42 Adani Ports and Special Economic Zone Ltd. Services 384.75 25.09 79.77 77.94 1.27
43 Rural Electrification Corpn. Ltd. Financial 166.75 20.18 95.21 5660.78 4.99
44 MindTree Ltd. Technology 459 16.82 14.51 639.1 0.04
45 Indo Count Inds. Ltd. Textiles 113.15 31.73 20 60.45 0.37
46 Suven Life Sciences Ltd. Healthcare 164.9 13.81 27.63 92.2 0.11
47 Bajaj Auto Ltd Automobile 2913.4 24 25.92 4293.06 0.01
48 Industrial & Prudential Investment Co. Ltd. Financial 1272 4.1 120.99 7.26 0
49 Sanofi India Ltd. Healthcare 4060 17.67 25.28 367.69 0
50 Syngene International Ltd. Healthcare 447.6 24 39.83 132.1 0.58

Shareholders Value

SL Company Sector Networth (Cr) 5 Year Book Value Growth 5-Year EPS Growth Dividend Yield (%)
1 Tata Consultancy Services Ltd. Technology 86214 23.62 20.24 1.91
2 Ajanta Pharma Ltd. Healthcare 1567.68 39.33 45.62 1.07
3 Infosys Ltd. Technology 68982 17.06 11.49 2.82
4 Larsen & Toubro Infotech Ltd. Technology 3144.3 21.38 16.9 2.16
5 Vakrangee Ltd. Technology 2053.75 115.61 134.45 0.39
6 Tata Elxsi Ltd. Technology 558.98 24.21 38.55 0.93
7 ITC Ltd. FMCG 46412.93 17.45 9.68 1.68
8 Arrow Greentech Ltd. Chemicals 96.18 44.81 96.44 0.83
9 Kaveri Seed Company Ltd. FMCG 906.68 36.88 32.84 0.45
10 Procter & Gamble Hygiene & Health Care Ltd. FMCG 1511.21 20.27 22.91 0.32
11 Kirloskar Brothers Investments Ltd. Financial 981.1 58.2 26.78 1.57
12 Divi's Laboratories Ltd. Healthcare 5357.39 20.24 14.74 1.39
13 Aurobindo Pharma Ltd. Healthcare 9371.91 31.82 82.99 0.33
14 Maruti Suzuki India Ltd. Automobile 37075.1 17.75 33.72 0.95
15 PI Industries Ltd. Chemicals 1627.18 35.41 32.2 0.56
16 Crisil Ltd. Financial 945.35 17.31 9.2 1.42
17 eClerx Services Ltd Services 1215.35 28.2 16.67 0.08
18 Dr. Lal Pathlabs Ltd. Healthcare 659.8 29.82 19.76 0.37
19 Avanti Feeds Ltd. FMCG 640.47 43.01 46.42 0.48
20 Persistent Systems Ltd. Technology 1899.26 17.57 16.29 1.45
21 Thyrocare Technologies Ltd. Healthcare 406.78 26.68 11.51 1.46
22 Just Dial Ltd. Services 671.6 38.93 29.94 0
23 CMC Ltd. Technology 1355.16 21.55 14.11 1.35
24 Tech Mahindra Ltd. Technology 17667.6 18.2 8.33 2.1
25 La Opala RG Ltd. Construction 273.64 36.3 33.01 0.42
26 Torrent Pharmaceuticals Ltd. Healthcare 4350.13 29.51 26.87 1.15
27 Page Industries Ltd. Textiles 665.78 32.05 24.23 0.53
28 Dewan Housing Finance Corpn. Ltd. Financial 7730.6 23.41 45.27 0.78
29 Pidilite Industries Ltd. Chemicals 3470.91 21 21.29 0.56
30 BSE Ltd. Financial 2662.4 18.09 18.96 2.85
31 Sharda Cropchem Ltd. Chemicals 959.84 19.59 22.76 0.92
32 Britannia Industries Ltd. FMCG 2696.42 45.61 34.56 0.52
33 Sun TV Network Ltd. Services 4028.46 9.91 8.26 1.31
34 Cupid Ltd. Healthcare 51.33 22.44 98.22 1.4
35 Colgate-Palmolive (India) Ltd. FMCG 1273.8 23.84 5.28 0.89
36 Zee Entertainment Enterprises Ltd. Services 6656.7 14.15 30.38 0.48
37 Lupin Ltd. Healthcare 13497.57 26.86 23.86 0.75
38 Finolex Industries Ltd. Chemicals 2314.77 28.18 36.19 1.89
39 Hexaware Technologies Ltd. Technology 1711.1 9.76 8.69 2.02
40 Indraprastha Gas Ltd. Energy 3011.69 18.95 13.26 0.66
41 Asian Paints Ltd. Chemicals 7602.3 22.57 14.42 0.86
42 Adani Ports and Special Economic Zone Ltd. Services 17525.98 28.64 27.98 0.34
43 Rural Electrification Corpn. Ltd. Financial 33670.56 18.17 17.34 5.76
44 MindTree Ltd. Technology 2577.1 21.1 13.06 2.16
45 Indo Count Inds. Ltd. Textiles 846.18 87.28 150.47 0.34
46 Suven Life Sciences Ltd. Healthcare 667 39.38 51.13 0.61
47 Bajaj Auto Ltd Automobile 17856.57 24.04 6 1.88
48 Industrial & Prudential Investment Co. Ltd. Financial 184.39 46.37 32.03 7.86
49 Sanofi India Ltd. Healthcare 1735.6 9.48 9.24 1.67
50 Syngene International Ltd. Healthcare 1413.1 31.44 27.55 0.22

Valuation*

SL Company Sector Price P/E P/B PEG (5Y) Enterprise Value / Market Cap
1 Tata Consultancy Services Ltd. Technology 2451.05 18.16 6.75 0.90 0.90
2 Ajanta Pharma Ltd. Healthcare 1204.65 22.1 6.41 0.48 0.98
3 Infosys Ltd. Technology 914.1 14.58 3.06 1.27 0.84
4 Larsen & Toubro Infotech Ltd. Technology 766 13.06 3.83 0.77 0.90
5 Vakrangee Ltd. Technology 499.45 46.58 12.14 0.35 0.98
6 Tata Elxsi Ltd. Technology 1716.15 29.58 8.8 0.77 0.95
7 ITC Ltd. FMCG 283.15 33.25 7.45 3.43 0.96
8 Arrow Greentech Ltd. Chemicals 679 23.79 8.21 0.25 0.94
9 Kaveri Seed Company Ltd. FMCG 554.5 30.47 3.14 0.93 0.87
10 Procter & Gamble Hygiene & Health Care Ltd. FMCG 8419 62.94 51.76 2.75 0.96
11 Kirloskar Brothers Investments Ltd. Financial 4433.8 25.92 2.4 0.97 0.55
12 Divi's Laboratories Ltd. Healthcare 715.9 20.6 3.42 1.40 0.91
13 Aurobindo Pharma Ltd. Healthcare 755.55 19.98 4.52 0.24 1.06
14 Maruti Suzuki India Ltd. Automobile 7833.35 32.03 6.29 0.95 0.99
15 PI Industries Ltd. Chemicals 716 23 5.84 0.71 0.99
16 Crisil Ltd. Financial 1888 42.61 13.46 4.63 0.96
17 eClerx Services Ltd Services 1255 14.92 3.89 0.90 0.88
18 Dr. Lal Pathlabs Ltd. Healthcare 827.55 42.89 9.75 2.17 0.95
19 Avanti Feeds Ltd. FMCG 1862.4 27.6 10.87 0.59 0.96
20 Persistent Systems Ltd. Technology 619.5 16.41 2.54 1.01 0.88
21 Thyrocare Technologies Ltd. Healthcare 682.95 47.99 8.67 4.17 0.97
22 Just Dial Ltd. Services 388.55 22.57 3.14 0.75 0.73
23 CMC Ltd. Technology 2032.25 22.41 4.37 1.59 0.95
24 Tech Mahindra Ltd. Technology 417.1 14.47 2.42 1.74 0.90
25 La Opala RG Ltd. Construction 483 47.12 9.33 1.43 0.95
26 Torrent Pharmaceuticals Ltd. Healthcare 1215.7 24.89 4.55 0.93 1.04
27 Page Industries Ltd. Textiles 18165 71.37 26.95 2.95 1.00
28 Dewan Housing Finance Corpn. Ltd. Financial 524.8 5.47 1.96 0.12 5.05
29 Pidilite Industries Ltd. Chemicals 841.7 53.15 11.77 2.50 0.97
30 BSE Ltd. Financial 974.6 23.87 1.98 1.26 0.44
31 Sharda Cropchem Ltd. Chemicals 439.9 20.38 3.92 0.90 0.96
32 Britannia Industries Ltd. FMCG 4211.95 57.92 17.47 1.68 1.00
33 Sun TV Network Ltd. Services 764 30.25 7.06 3.66 0.96
34 Cupid Ltd. Healthcare 288.1 15.06 5.69 0.15 0.94
35 Colgate-Palmolive (India) Ltd. FMCG 1119.45 51.96 21.75 9.84 0.99
36 Zee Entertainment Enterprises Ltd. Services 520 22.16 7.24 0.73 0.96
37 Lupin Ltd. Healthcare 1005.25 22.14 3.29 0.93 1.11
38 Finolex Industries Ltd. Chemicals 607.5 23.09 3.18 0.64 1.00
39 Hexaware Technologies Ltd. Technology 269.65 17.18 4.48 1.98 0.95
40 Indraprastha Gas Ltd. Energy 1283 30.71 5.81 2.32 0.94
41 Asian Paints Ltd. Chemicals 1198.25 63.07 14.38 4.37 0.99
42 Adani Ports and Special Economic Zone Ltd. Services 384.75 21.07 4.41 0.75 1.24
43 Rural Electrification Corpn. Ltd. Financial 166.75 5.4 0.96 0.31 5.93
44 MindTree Ltd. Technology 459 18.68 2.87 1.43 0.91
45 Indo Count Inds. Ltd. Textiles 113.15 11.48 2.67 0.08 1.13
46 Suven Life Sciences Ltd. Healthcare 164.9 17.28 2.74 0.34 0.89
47 Bajaj Auto Ltd Automobile 2913.4 21.79 4.53 3.63 0.93
48 Industrial & Prudential Investment Co. Ltd. Financial 1272 31.76 5.56 0.99 0.99
49 Sanofi India Ltd. Healthcare 4060 35.48 4.99 3.84 0.94
50 Syngene International Ltd. Healthcare 447.6 31.06 6.2 1.13 0.97

* Lower is the ratio (enterprise value/market cap), more undervalued is the company. Negative ratio is even better.





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Mani
I am a Blogger with a passion for investment education. I started blogging in 2007-08. Blogging didn’t happened to me as a coincidence, it was a conscious decision. The idea with which I started blogging still stands true. In my starting days my finances remained tight. I was reading heavily about how to manage finance. One day I got hold of a book which my father gifted me in 2003. It was stacked below my graduation books. It was a small-thin book with its cover named "Rich Dad Poor Dad".....more

26 Comments on "Blue Chip Companies in India 2017"

  1. THEREZA DSOUZA | August 21, 2017 at 10:25 am | Reply

    I have invested in Educomp and have 2300 shares purchased at 100 Rs. Should I hold or book my loss

  2. Can a mid-cap company owe blue- chip stocks?

  3. Good information. I m learning market
    Very useful to me

  4. The informatio/knowledge that u diseminate is quite good and in simple language i liked it

  5. I want to subscribe for your news letter.Pl inform.

  6. Good subject information investment

  7. Hi Mani,

    Please tell me the procedure to buy these stocks?Do i need a trading account for this?

  8. Devinder Kumar Aggarwal | February 7, 2016 at 2:18 pm | Reply

    Very useful and helpful direction for investors.

  9. Hi,

    Thanks for great analysis.
    i have doubt in infographic picture.
    Pie diagram says: 90 for white & 10 for Black
    Bar diagram: 65, 55, 40

    What are these numbers actually?

    Thanks once again for this wonderful info.

  10. Excellent read. Brief, to the point & very informative for a first time investor. With index on potential decline it might just be very interesting to look into stocks you listed for mid term investment.

  11. Srinivas Sikha | May 26, 2015 at 9:02 am | Reply

    good information.

  12. My brrother suggested Imight like this website. He was entirely right.

    This poszt truly madde my day. You can not imagine just how much time I hadd spent for this info!

    Thanks!

  13. amazon Stock Price target | April 2, 2015 at 2:48 am | Reply

    What’s up Dear, are you really visiting this site on a regular basis,
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  14. hello sir,
    your posts are very much helpful in finding the stocks.. will you pls tell how to find the sensex PE ratio..

  15. Hello sir,

    A very nice thing you have listed out. I wanted to know how to check the history of the company whether it has paid dividend or not?

    How to check how much dividend a company has paid in the past?

    • You can get it by looking at their profit & loss accounts.
      check Google finance for more details.

      • Thanks for your reply.

        I saw the data of tech mahindra
        Its showing div/yld : 20.00/0.76.

        Could you explain what is div and yld over here?

        And how would I know how many times in a year tech mahindra has announced dividend?

  16. Can you comment on IDBI bank, is it good time 2 invest

  17. Sivakumar Vaithiyam | April 24, 2013 at 2:12 am | Reply

    Hi Manish – Your blog has many useful information. Recently I have started investing in Indian stocks. I want to have a list of Bluechip, Midcap companies. Or is there any way to know – if I tell a company name, will it tell it is Large/Mid/small cap company? I am asking this basic question because I have to keep track of which kind of company I am investing. Basically my % of largecap should be 60 -70%, Mid cap 10-20% and the rest in small cap. As of now I could not make out how much % of stocks of which group I have invested. Thanks in advance – Sivakumar

  18. Your information is really helpful for me. Acutaly, I want to buy stock of TCS company, but i am confused about that thing that will I really get a profit and not?. Therefore, please suggest me their last 5 year profit and loss or NAV.

  19. Thanks , I have just been looking for info about this subject for a long time and yours is the greatest I have came upon till now. However, what in regards to the bottom line? Are you sure about the source?|What i do not understood is actually how you’re no longer actually much more smartly-liked than you might be now. You are so intelligent.

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