Last Updated on Jan 13, 2024 by Harshit Singh
Large-cap stocks are often considered to be the backbone of the stock market. These stocks typically represent well-established companies with a market capitalisation of over $10 bn, and they tend to offer investors a sense of stability and reliability. In this article, let’s explore some of the best large-cap stocks based on various metrics like market capitalisation, net profit margin, high dividend yield, and 5-yr CAGR.
Table of Contents
What are large-cap stocks?
Companies can be divided by their market capitalisation, such as large-cap, mid-cap, and small-cap. Large-caps are companies with a market capitalisation of Rs. 20,000 cr. and more. Here are a few features of large-cap companies.
- Established market position: These companies have an established market position and a strong brand presence, which helps to maintain their competitive advantage.
- Revenue: Large-cap companies have a consistent track record of generating high revenue year after year.
- Diversification: Large-cap companies have a diverse portfolio of products and services, which helps to spread their risk and protect their earnings.
- Financial stability: These companies typically have a strong balance sheet and cash flows and are less vulnerable to economic downturns.
- Experienced management: Large-cap companies are typically led by experienced and skilled management teams with a proven track record of success.
- Global presence: Many large-cap companies have a global presence, with operations in multiple countries.
- Stable dividend: These companies often pay a stable dividend to their shareholders, making them attractive to income investors.
- Lower risk: Compared to small or mid-cap companies, large-cap companies are often considered less risky by investors.
- Institutional ownership: Large-cap companies typically have a high level of institutional ownership, which helps to provide stability and liquidity to their stock price.
The Securities and Exchange Board of India (SEBI) has identified 100 large-cap companies which are listed on various stock exchanges from 1 to 100. Now, let’s look at various lists of the top 10 large-cap stocks in India.
Best large-cap stocks by market capitalisation in 2024
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio |
| Reliance Industries Ltd | Oil & Gas – Refining & Marketing | 17,47,778.65 | 2,583.30 | 26.20 |
| Tata Consultancy Services Ltd | IT Services & Consulting | 13,35,707.46 | 3,691.75 | 31.69 |
| HDFC Bank Ltd | Private Banks | 12,70,145.15 | 1,672.90 | 27.61 |
| ICICI Bank Ltd | Private Banks | 6,90,293.99 | 984.05 | 20.28 |
| Infosys Ltd | IT Services & Consulting | 6,16,694.42 | 1,490.00 | 25.59 |
| Hindustan Unilever Ltd | FMCG – Household Products | 6,12,432.71 | 2,606.55 | 60.52 |
| Bharti Airtel Ltd | Telecom Services | 6,07,283.48 | 1,035.20 | 72.76 |
| ITC Ltd | FMCG – Tobacco | 5,95,398.42 | 477.25 | 31.02 |
| State Bank of India | Public Banks | 5,74,254.15 | 643.45 | 10.32 |
| Life Insurance Corporation Of India | Insurance | 5,30,509.18 | 838.75 | 14.74 |
Note: The data is from 4th January 2024. It is filtered using Tickertape Stock Screener with the following parameters-
- Sector: Large-cap
- Market Capitalisation (Sort from high to low)
Large-cap stocks with highest 1Y return
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | 1Y Return (%) | 1M Return (%) |
| REC Ltd | Specialized Finance | 1,11,530.20 | 423.55 | 9.99 | 244.35 | 8.87 |
| Power Finance Corporation Ltd | Specialized Finance | 1,29,727.00 | 393.10 | 8.16 | 214.98 | 2.14 |
| Indian Railway Finance Corp Ltd | Specialized Finance | 1,31,861.23 | 100.90 | 20.81 | 198.08 | 29.87 |
| Tata Motors Ltd | Four Wheelers | 1,51,860.11 | 518.70 | -11.29 | 144.15 | 8.12 |
| Trent Ltd | Retail – Apparel | 1,08,720.51 | 3,058.35 | 244.49 | 126.98 | 5.07 |
| Hindustan Aeronautics Ltd | Aerospace & Defense Equipments | 1,91,938.43 | 2,870.00 | 32.94 | 126.07 | 10.17 |
| Zomato Ltd | Online Services | 1,09,115.27 | 127.55 | -112.34 | 116.37 | 8.38 |
| Polycab India Ltd | Electrical Components & Equipments | 81,158.25 | 5,404.55 | 63.91 | 108.60 | 1.08 |
| Vodafone Idea Ltd | Telecom Services | 77,157.31 | 15.85 | -2.63 | 99.37 | 19.33 |
| Tata Motors Ltd | Four Wheelers | 2,86,039.93 | 781.45 | 118.48 | 98.39 | 9.65 |
Note: The data is from 4th January 2024. It is filtered using Tickertape Stock Screener with the following parameters-
- Sector: Large-cap
- 1Y Return: Sort from high to low
Highest dividend-yielding stocks large cap stocks
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | Dividend Yield (%) | Dividend Per Share (Rs.) |
| Vedanta Ltd | Metals – Diversified | 97,982.89 | 263.80 | 9.27 | 38.54 | 101.50 |
| Hindustan Zinc Ltd | Mining – Diversified | 1,34,703.17 | 318.80 | 12.82 | 23.68 | 75.50 |
| Coal India Ltd | Mining – Coal | 2,36,987.72 | 384.55 | 8.41 | 6.31 | 24.25 |
| Oil and Natural Gas Corporation Ltd | Oil & Gas – Exploration & Production | 2,61,984.31 | 208.25 | 7.39 | 5.40 | 11.25 |
| Power Grid Corporation of India Ltd | Power Transmission & Distribution | 2,20,470.81 | 237.05 | 14.30 | 4.67 | 11.06 |
| Tech Mahindra Ltd | IT Services & Consulting | 1,21,454.37 | 1,244.20 | 25.14 | 3.62 | 50.00 |
| HCL Technologies Ltd | IT Services & Consulting | 3,89,329.25 | 1,437.75 | 26.22 | 3.35 | 48.00 |
| ITC Ltd | FMCG – Tobacco | 5,95,398.42 | 477.25 | 31.02 | 3.24 | 15.50 |
| Tata Consultancy Services Ltd | IT Services & Consulting | 13,35,707.46 | 3,691.75 | 31.69 | 3.15 | 115.00 |
| GAIL (India) Ltd | Gas Distribution | 1,06,615.24 | 162.15 | 18.98 | 3.08 | 5.00 |
Note: The data is from 4th January 2024. It is filtered using Tickertape Stock Screener with the following parameters-
- Sector: Large-cap
- Dividend yield: Set to high (Sort from high to low)
- Dividend per share
Large-cap stocks with highest 5-yr CAGR
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | 5Y CAGR (%) |
| Adani Green Energy Ltd | Renewable Energy | 2,68,849.91 | 1,697.25 | 276.03 | 110.62 |
| Adani Enterprises Ltd | Commodities Trading | 3,42,342.34 | 3,003.00 | 138.44 | 81.49 |
| Adani Total Gas Ltd | Gas Distribution | 1,20,902.12 | 1,099.30 | 221.23 | 61.25 |
| Adani Power Ltd | Power Generation | 2,10,010.33 | 544.50 | 19.58 | 60.99 |
| Varun Beverages Ltd | Soft Drinks | 1,59,257.77 | 1,225.80 | 106.35 | 59.54 |
| Trent Ltd | Retail – Apparel | 1,08,720.51 | 3,058.35 | 244.49 | 54.26 |
| Hindustan Aeronautics Ltd | Aerospace & Defense Equipments | 1,91,938.43 | 2,870.00 | 32.94 | 48.58 |
| SRF Ltd | Diversified Chemicals | 74,294.44 | 2,506.35 | 34.36 | 44.69 |
| Bharat Electronics Ltd | Electronic Equipments | 1,33,293.82 | 182.35 | 44.66 | 43.85 |
| Adani Transmission Ltd | Power Infrastructure | 1,31,985.09 | 1,183.20 | 105.06 | 42.53 |
Note: The data is from 4th January 2024. It is filtered using Tickertape Stock Screener with the following parameters-
- Sector: Large-cap
- 5Y CAGR: Set to high (Sort from high to low)
Large-cap stocks with highest net profit margin
| Stock Name | Sub-Sector | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | Net Profit Margin (%) | 5Y Avg Net Profit Margin (%) |
| Bajaj Holdings and Investment Ltd | Asset Management | 90,185.58 | 8,103.40 | 18.59 | 93.38 | 91.71 |
| Jio Financial Services Ltd | Consumer Finance | 1,48,984.51 | 234.50 | 4,767.50 | 56.92 | – |
| DLF Ltd | Real Estate | 1,77,145.68 | 715.65 | 87.01 | 33.86 | 16.61 |
| Power Grid Corporation of India Ltd | Power Transmission & Distribution | 2,20,470.81 | 237.05 | 14.30 | 32.21 | 30.39 |
| Hindustan Zinc Ltd | Mining – Diversified | 1,34,703.17 | 318.80 | 12.82 | 29.63 | 32.32 |
| REC Ltd | Specialized Finance | 1,11,530.20 | 423.55 | 9.99 | 28.26 | 23.29 |
| Bajaj Finance Ltd | Consumer Finance | 4,56,005.10 | 7,384.80 | 39.63 | 27.79 | 21.62 |
| Indian Railway Finance Corp Ltd | Specialized Finance | 1,31,861.23 | 100.90 | 20.81 | 26.48 | 25.70 |
| ITC Ltd | FMCG – Tobacco | 5,95,398.42 | 477.25 | 31.02 | 26.28 | 26.07 |
| Adani Power Ltd | Power Generation | 2,10,010.33 | 544.50 | 19.58 | 24.92 | 6.61 |
Note: The data is from 4th January 2024. It is filtered using Tickertape Stock Screener with the following parameters-
- Sector: Large-cap
- Net Profit Margin: Set to high (Sort from high to low)
- 5-yr Average Net Profit Margin
Factors to consider before investing in the best large-cap stocks
Here are a few factors to consider before investing in large-cap stocks.
Stability: A company’s stability is a crucial factor to consider before investing. Large-cap stocks tend to face little fluctuations in their price. Additionally, stable companies tend to pay dividends.
Transparency: Large-cap companies usually have transparent earnings reports and corporate structures. This transparency makes it easy for investors to know everything about the company and difficult for the company to get involved in a scam or price manipulation.
Management: Large-cap companies have the capacity to maintain high levels of efficiency over time. Hence, when it comes to choosing large-cap companies for your investment portfolio, consider the management and its quality as one of the most important factors.
To conclude
In a nutshell, large-cap stocks can be a great addition to any investment portfolio, but it’s important to consider various factors that can affect their performance. Market capitalisation, net profit margin, 5-yr CAGR, and dividend yield are some of the crucial metrics that can help you identify the best large-cap stocks to invest in. You can use over 200 filters available on Tickertape Stock Screener to get the list of the best large-cap stocks in India based on your preferences.
This powerful tool can help you filter stocks based on various parameters and provides comprehensive data on each stock, allowing you to make informed investment decisions. So why not give it a try today and take your investment portfolio to the next level?
FAQs
How many large-cap stocks are there in India?
How to find large-cap stocks based on net profit margin?
Step 1: Go to Tickertape Stock Screener
Step 2: Select ‘Large Cap’ from ‘Market Cap’
Step 3: Under ‘Profitability’, choose ‘Net Profit Margin’ and sort the list from highest to lowest.
There you go! Your updated list of the best large-cap stocks based on net profit margin is with you! You can explore over 200 filters to get your desired list of the best stocks.
As an insatiable reader and learner, I’ve spent the last two years exploring the world of finance. With my creative mind and curious spirit, I love making complex finance topics easy and fun for everyone to understand. Join me on my journey as we navigate the world of finance together!
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