Top 10 Best Blue Chip Companies in India 2017

Blue chip companies in India are those companies which are the best ones to invest for getting long term returns in the future.  These companies have the most stable stocks in the market. The foundations of these companies are immensely strong which enable them to reap profits even during unfavourable market conditions. The Blue Chip stocks have an excellent history of paying dividends which implies that the companies holding these stocks pay dividends even in the event of a bad market condition. This is only possible when the cash inflow of the company is good and is not affected by bad market conditions. This competitive advantage makes the Blue Chip stocks most sought after by investors.

These are the top ten best Blue Chip companies in India.

10. State Bank of India

This is a public sector bank and one of the top banks in the country. The company was established in the year 1955 and is headquartered in Mumbai. The company has 14,000 branches which include 191 foreign offices in 36 countries. The market capitalization of the company was Rs 204,098.46 crore on April 2015.

Website: www.onlinesbi.com 

9. ICICI BANK

This is a multinational banking and financial services company which was established in the year 1994. This is the largest private sector bank in India. ICICI Bank is present in 18 other countries apart from India. The bank operates around 4,450 branches in India. The market capitalization of the company was around Rs 192,063.98  crore on April 2015. The annual turnover of the company is around Rs 255 crore. ICICI Bank is placed ninth this list.

Website: www.icicibank.com

8. Infosys

Infosys Limited

Infosys is an Indina multinational company that is engaged in providing business consulting, information technology and outsourcing services. It was established in the year 1981 and has its headquarters in Bengaluru, Karnataka. The company operates in 50 countries and employs 1,76,000 people. The revenue earned by the company stands at around 8.7 billion dollars and its market capitalization on April 2015 stood at Rs 223,062.04 crore. As of 15th January 2016, the company had 1,045 clients across 50 countries.

Website: www.infosys.com

7. Sun Pharma

sun-pharmaceutical

Sun Pharmaceutical Industries Limited is a big name in the Indian Pharmaceutical Industry. The company was established in the year 1983 and is headquartered in Mumbai. The company supplies its 3000 products to 150 markets across the world. The company operates 45 manufacturing plants and currently employs about 30,000 people all over the world. The market capitalization of the company was Rs 225,898.64 on April 2015. The company’s managing director and founder Mr Dilip Shanghvi is an awardee of the Forbes Magazine’s “Entrepreneur of the Year” which he received in the year 2014.

Website: www.sunpharma.com

6. Coal India

Coal India Limited

Coal India is a coal mining company that is controlled by the Indian government. The company was established in the year 1975 and has its headquarters in Kolkata. The company accounts for about 81% of the total coal produced in India. Coal India is the country’s largest producer and reserve holder of coal in India. As of March 2015 the number of employees working for Coal India was 333,097.The market capitalization of the company was Rs 229,126.12 crore in April 2015.

Website: www.coalindia.in

5. HDFC

HDFC Bank

HDFC or Housing Development Finance Corporation was established in the year 1994. It is a banking and financial services company and has its headquarters in Mumbai. The company operates 3659 branches in 2287 towns and cities of India. The company is also present in Bahrain, Dubai and Hongkong and employs about 87,555 employees. The market capitalization of the company was Rs 247,842.26 crore on April 2015.

Website: www.hdfcbank.co.in

4. ITC

ITC

Indian Tobacco Company is one of the leading conglomerates of fast moving consumer goods in India.  Apart from FMCG, the company also has business interests in paperboards, packaging, hotels, agri. business and information technology. The company was established in the year 1910 and completed its 100 years in 2010. Market capitalization of the company was Rs 258,380.27 crore on April 2015.

Website: www.itcportal.com

3. ONGC

ONCG

Oil and Natural Gas Corporation is a public sector undertaking of the Indian government. It is a multinational oil and gas company which was established in the year 1956. The company’s headquarters is located in Dehradun. The company accounts for 77% of the total production of crude oil in India and about 62% of the natural gas. In the year 2015, ONGC was ranked 449th among the Fortune Global 500 List for the world’s biggest corporations. On April 2015, the company’s market capitalization stood at Rs 260,086.90 crore.

Website: www.ongcindia.com

2. Reliance Industries

Reliance Refinery

Reliance Industries is one of the topmost industries in India. Reliance Industries has varied interests in petrochemicals and hydrocarbons, telecommunication, retail and textiles. RIL accounts for about 20% of India’s total exports. The company was established in the year 1966 and has its headquarters in Mumbai. The market capitalization of RIL was Rs 279,064.94 crore on April 2015.

Website: www.ril.com

1. Tata Consultancy Services

Tata Consultancy Services

TCS was established in the year 1968 and is a subsidiary company of the TATA Group. The company is headquartered in Mumbai. The company offers IT services, business solutions and consulting. TCS is one of the “Big 4” most valuable IT Brands worldwide. The company is also the 10th largest IT service provider in the world. On April 2015, the company’s market capitalization was Rs 482,571.81 crore.

Website: www.tcs.com

These were the top ten companies that feature high on the investor’s list due to the “blue chip” stocks held by them.

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