Best Blue Chip Stocks In India 2023

Having recognised the power of words, she constantly works on using them to enhance financial awareness among the masses and meet business objectives. One of her greatest strengths is breaking complex concepts in an easy-to-understand way. According to us, in a scenario of ideal allocation of funds, bluechip stocks should not comprise more than 60% of one’s total equity portfolio. Check out our video on how to evaluate and build a solid portfolio of thebest blue chip stocksin India.

The best blue chip stocks are for those investors who wish to play it safe. You must have come across the term “blue chip” as it relates to stocks. Furthermore, playing it safe doesn’t mean that investing in stocks is without risk. However, blue chip companies whose stock you invest in typically have solid backgrounds and stability.

With a remarkable 154.21% https://1investing.in/ over the last 5 years and an impressive profitability score of 8.3/10, the company is certainly one to watch in the pharmaceutical industry. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. This screener helps you identify stocks which Foreign Institutional Investors have bought as part of their portfolio. High growth companies have the potential to generate multibagger returns. But if these companies disappoint even slightly, they could get punished heavily by the market due to high valuations. Bluechip growth stocks have the ability to bounce back stronger from any adverse conditions.

How To Invest In Blue-Chip Stocks?

With an increase in profit of nearly 88% over the previous year, SBI recorded a profit of Rs. 35,374 Cr in FY22. A stable stock as almost 57% of its shareholding is with the Indian government, this is a banking stock to rely on. Blue chip stocks in India make up a large percentage of the value of a company.

Please read the Risk Disclosure documents carefully before investing. Past performance of instruments/securities does not indicate their future performance. Due to the price fluctuation risk and the market risk, there is no guarantee that your personal investment objectives will be achieved.

Pay 20% upfront margin of the transaction value to trade in cash market segment. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. TCS is a global IT services and consulting company headquartered in Mumbai, India. It is a subsidiary of Tata Group, one of India’s largest conglomerate companies. TCS was founded in 1968 and has grown to become one of the largest IT services companies in the world, with over 600,000 employees in 46 countries.

Such blue-chip companies are typically large and well-reputed with market capitalisation values exceeding Rs. 50,000 crores. Blue chip companies are financially sound with strong management. Hampered economic scenario and uncertainty which lies ahead of investors, prevalent risk-aversion among market participants have all brought back the interest of many market participants to Blue Chip stocks. Given that these quality companies are more resilient to economic downturns, they may continue to grow or operate profitably even during adverse market conditions. Therefore, an investor’s portion should always be allocated to blue chips in order to cushion their portfolio during difficult times. The company has delivered strong financial performance, the stock carries premium valuations vs. its peers at a PE ratio of 29.8 times vs. the industry average PE ratio of 24 times.

There are certain features that define blue-chip stocks and make them stand out from the rest, let’s go through them one by one. How to invest in Volatile Markets Investopedia defines market volatility as a statistical measure of the tendency of a market to… The lower the number or closer to 1, the more reasonable the price of the share. In both the cases, you’ve won the same amount so what’s the deal? Whereas in case 2 even though you win small prizes consecutively, you feel happy and this gives a boost to your confidence for you to continue this game further. In case 1, suppose you’re playing a game with 2000 in your hand.

Sound financial prospects

Your growth is our sole aim and we work to enrich you with wealth and prosperity. The 4 Basic elements of Stock Value There are many ways to find a stock’s value but today we discuss the 4 best financial ratios that… There’s a student who consistently scores excellent marks in Math & always stands first among other students in the class. His classmates always rush to him when there’s a Math question, or refer his notes for a better understanding of the subject.

As a result, these stocks are less prone to price fluctuations and less risky than other types. 2022 witnessed high volatility in the prices of oil globally due to which the Return ratios have been suppressed yet reporting a 9.5% RoCE. It has also successfully become net debt free which is positive as peers are usually more debt laden at the given scale. The company currently has an EV/EBITDA of 13.8 and a PE ratio of 26.4x which values the company fairly given the efficiency in the oil business vs. peers. The company announced that it will invest Rs. 75,000 crores in its New Energy business over the next three years.

TCS has a strong track record of financial performance and has consistently been ranked as one of the top-performing companies in the IT sector. An investor should think about buying midcaps and smallcaps stocks as well within a portfolio’s allocation to equities. Wealthy retirees and experienced investors favour blue chip companies, but most novice investors avoid them. Similar to this, investors who may not need to access their money right away find long-term possibilities appealing.

List of Best Blue chip Stocks to buy now in India

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Its revenue stood at a 13.4% high from the previous year in FY22. The largest food and beverage corporation in the world, Nestle SA of Switzerland, is the parent company of Nestle India. It was incorporated in 1956 and now it comes in the best blue-chip stocks in India.

Nestle India Ltd

It is known for its wide range of favored brands, including Maggi, Nescafe, and KitKat, and has a spillover presence in domestic and international markets. Overall, Nestle India Ltd is a reliable investment for those seeking long-term growth and stability. A negative cash flow can mean good when the company uses it for productive purposes such as funding expansion, which is a good sign too. Many blue chip companies form part of benchmark indices such as Nifty 50, Nifty 100, and Sensex.

Past performance of securities/instruments is not indicative of their future performance. A blue chip stock is a publicly traded stock that is part of a well-established and financially sound company. These stocks are typically known for their stability, dividend payouts, and strong brand recognition. In addition, blue chip stocks are often considered a safe investment, as they are less likely to experience sudden or drastic changes in value. Infosys Limited is one of India’s leading software services companies.

Such bonds extend fixed interest to their investors and allow them an opportunity to diversify their investment portfolio. Additionally, government bonds extend tax benefits to investors and offer liquidity. Before doing any of these things, the trader has to open a Demat account with a brokerage firm and through that, you can deal in stocks, MFs, commodities, F&O etc. Additionally, deciding your investing capacity also depicts your investment volume.

Blue-chip stocks are highly esteemed in the stock exchange market and tend to have a stable financial record and credibility. This article covers all about blue-chip investments, including the meaning, features and advantages of blue-chip stocks and how to invest and who should invest in them. In a game of poker, players use chips of various colours like white, black, red, blue, etc. The white-coloured chips are said to be least valued, whereas blue-coloured chips are considered most valuable. From there, the term ‘blue-chip’ started being used to refer to high-priced or precisely high-quality stocks.

• If you want to invest in blue-chip stocks, these three might be worth consideration.
• Certain blue chip companies may show stagnant growth, yet offer high dividends to shareholders.
• Its revenue stood at a 13.4% high from the previous year in FY22.
• While investing, consider blue chip stocks from different industry sectors to balance your portfolio and mitigate risks.
• Blue-chip stocks and makes them an attractive investment option for investors.

In case you do not provide consent now & wish to trade in commodities you will have to re login to the application to provide your consent. The Client has read and understood the risks involved in investing in MUtural Fund Schemes. You can buy Bluechip Stockspin Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bluechip Stockspin Ltd Share. So, when nothing is wrong with business and management, they are the best stocks to buy anytime.

Low risk

Payments for Mutual Fund investments by XSIP/iSIP are done using my own bank account. 2 the Company had 284 stores with a Retail Business Area of 11.5 mn sq. Ft. across Maharashtra, Gujarat, Daman, Andhra Pradesh, Karnataka, Telangana, Tamil Nadu, Madhya Pradesh, Rajasthan, NCR, Chhattisgarh and Punjab. The Company reported same-store sales growth of about negative 13.10% during FY21 due to frequent lockdowns across cities and towns. However, the same have now bounced back to 16.7% for the previous financial year.

The company has a market capitalisation of over Rs. 6 lakh crore and is known for its consistent earnings growth and strong financials. Infosys is a leader in its sector, with a strong brand value and a loyal customer base. The company also has a stable management team delivering consistent results over the years. One can buy blue chip shares individually or by buying mutual funds or exchange-traded funds that invest in blue-chip stocks. Market Capitalization – The blue chip companies hold a higher market cap and have a good reputation in their industry and the stock market as well. So, investing in top blue chip stocks in India is always a better idea.

• It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.5% since its launch.
• Its net profit for the December 2020 quarter was 6 Crores and number of outstanding shares were 10 Lakhs.
• It was incorporated in 1956 and now it comes in the best blue-chip stocks in India.
• It is known for its wide range of favored brands, including Maggi, Nescafe, and KitKat, and has a strong presence in domestic and international markets.
• His classmates always rush to him when there’s a Math question, or refer his notes for a better understanding of the subject.
• The margins are on a rising trend after witnessing a contraction in the same.

Blue Chip companies are known for rewarding their loyal shareholders with consistent and increasing dividends. Also, these companies should have a high return ratio , high interest coverage ratio, ability to consistently generate cash flows, etc. Bluechip stocks are also commonly referred as large-cap stocks.

Steady Returns – A history of establishment and consistent growth signifies the background of a firm. Being a blue-chip company is a direct indication of both things, thus managing to deliver steady returns on time is expected from them. Also, the performance of these firms is not affected by the slump in the economies. StockBasket is a platform that helps you choose from expert created ready made group of stocks as per your investment needs. While you are busy with your job or running your business, your portfolio is constantly monitored by us. To invest in StockBasket, Login with your SAMCO Account or Open a SAMCO Account .