What are large-cap stocks?

Large-cap stocks belong to companies with a market capitalisation of over ₹20,000 crores. Large-cap stocks from India have demonstrated good financial performance and a good reputation in the markets. Most large-cap stocks are also classified as blue-chip stocks. 

Best large-cap stocks by market cap in 2024

Let's review the biggest large-cap stocks in India for 2024, sorted by massive market capitalisation. These behemoths of the Indian industry provide a combination of development potential and stability:

Name of the stock	Industry	Market Cap in Cr.
Reliance Industries Ltd	Refineries	1983361.85
Tata Consultancy Services Ltd	IT - Software	1401212.93
HDFC Bank Ltd	Banks	1146563.74
ICICI Bank Ltd	Banks	749392.19

Large-cap stocks with the highest 1Y return in 2024

Established titans provide security, but some investors long for the thrill of tremendous growth potential. Let's look at large-cap stocks that, thus far in 2024, have produced remarkable results:

you can also checkout top Minning stocks in India 

Name of the stock	Industry	Market Cap in Cr.	1Y yield in %
Cochin Shipyard Ltd	Shipbuilding	50,315.51	620.34
Indian Railway Finance Corp Ltd	Specialised Finance	240,460.51	494.18
Jupiter Wagons Ltd	Rail	21,653.66	408.21
Suzlon Energy Ltd	Renewable Energy Equipment & Services	62,554.81	338.60

Highest dividend-yielding stocks large-cap stocks

Seeking capital appreciation together with a consistent source of income? Historically paying out large dividends, large-cap stocks can be a strong choice. Let's examine a few of the best options available to dividend-hungry investors:

Name of the stock	Market Cap in Cr.	Dividend Yield
Indian Oil Corporation Ltd	233354.36	7.26%
Vedanta	165245.81	6.64%
Coal India	293992.69	5.09%
ONGC	325955.04	4.34%

 

Large-cap stocks with highest 5-yr CAGR

Large-cap stocks with outstanding Compound Annual Growth Rates (CAGR) throughout the last five years merit a closer examination by long-term growth investors. These businesses could be serious contenders for your portfolio because they have shown steady growth potential:

Stock Name	Sector	Market Cap in Cr.	5Y CAGR	5Y CAGR
Linde India Ltd	Chemical	32,411	49.72	49.72
Tata Elxsi Ltd	IT	39,599	43.67	43.67
KPR Mill Ltd	Textile	20,288	32.78	32.78
Bajaj Finance Ltd	Finance	3,74,342	30.18	30.18

 

Large-cap stocks with highest net profit margin

Not all large-cap companies are created equal. Some are very good at increasing profits; they have stunning net profit margins. Because these businesses show a good capacity to turn sales into profits, value-conscious investors find them to be appealing:

Stock Name	Market Cap in Cr.	PE Ratio	QTR Proft Var	5Y OPM
Nestle India	245467.67	76.98	25.79	23.36
Waaree Renewables	22596.75	152.64	341.65	22.90
Colgate-Palmolive	80279.32	60.01	19.59	30.45
Nippon Life Ind.	37773.65	34.11	73.17	61.37

Factors to consider before investing in the best large-cap stocks

Even if big-cap companies provide stability, a prudent strategy calls for thorough analysis. Here are some factors that you should consider before investing:

• Evaluating the Company’s Financial Profitability and Solvency

When investing in large-cap stocks, it is crucial to take time to examine the performance and stability of the companies being considered. This entails rating factors such as earnings per share, price-earnings ratio, return on equity, and the debt-equity ratio.

• Analyzing Dividend Strategies and Distribution

One key component of large-cap investment is the ability to analyze the dividend policies and payouts of different companies. Payout policy factors that investors should analyze include the company’s past dividend record, payout ratio, and whether dividends have paid regular increases or not.

• Evaluating Market Capitalisation and Market Liquidity

Those who are interested in large-cap stocks should follow the market capitalisation and liquidity of the particular firm. Large-cap stocks are closely related to organizations that have a market capitalisation of over Rs 20,000 crores. 

To conclude

Therefore, investors should attempt to capture a mix of stocks rather than just a single category. This is helpful in diversifying risks and improving returns. Currently, while investing in large-cap, mid-cap, and small-cap stocks, investors also have adequate liquidity with a spectrum of time horizons.

Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Kindly consult an expert before making any related decisions.