Top 10 Best Large Cap Stocks for Long Term Investment India - Top 100 Large Cap Stocks to Buy in India 2023 - Wikipedia of Finance

Top 10 – Best Large Cap Stocks to Buy for Long Term in India 2024


Many of our readers has asked us to provide information about best Indian large cap stocks for long term investment to buy and hold in India 2024 as well as for list of top best large cap stocks with highest upside potential in India 2024-2025.

So this time we have though to write a brief descriptive article on what are large cap stocks along with “Top 10 – Best Large Cap Stocks for Long Term Investment in India 2024”. Also with this you can view additional list of best large cap stocks with big potential in India 2024, which you can do analysis and take your own decision from large cap stocks to buy in India 2024. Your best knowledge, skills and charting techniques will guide you to select the best large cap stocks in India 2024 that best suits your portfolio list.

Large Cap Stocks Definition

Large cap stocks means, stocks of those companies which are well-established, larger in net worth size and running their businesses from many decade years that have a solid market presence, goodwill, brand. These companies are considered as a safe investment option for investors.

When we analyze the companies listed at BSE (Bombay Stock Exchange) or NSE (National Stock Exchange) based of market capitalization (Capitalization means, a company’s stock value times the quantity of offers), we noticed that company’s capitalization is worth more than INR 100 Billion it is categorized under large cap stocks or large cap companies.

Examples of large cap stocks like: MRF, Eicher Motors, Larsen & Toubro, Tata Steel, Reliance Industries, HDFC Bank, Nestle, etc. These organizations have been around in the business sufficiently long and have solid foundation as leading business players. Their stocks are traded publicly in the open market and have large market capitalizations.

Key Important Reasons to Invest in Large Cap Stocks

1. Large cap companies are well-established and stable. This makes them less likely to leave their business or go bankrupt. In any case, their stock price may not rise as faster as small or mid-level companies. The best part of these companies is they are better than the best in their business sectors.

2. Investors or financial institutions rush to best large cap stocks during bearish market. That is because they are a more safe and secured then small cap companies. It just means they will probably withstand during downfall without leaving business.

3. Almost all the large cap stocks in India pay dividend also offers bonus shares sometimes. That makes investors happy with additional source of income. The company pay dividend / bonus shares as they know that large cap stocks won’t rise as faster as other small companies.

Top 10 – Best Large Cap Stocks to Buy for Long Term 2024

Here we are going to see the top best large cap stocks with highest upside growth potential. This list is based on EPS Ratio (Earnings Per Share Ratio) from highest to lowest. You can also view their respective P/E Ratio (Price Earning Ratio) as well as P/BV (Price to Book Value Ratio) for your analysis. You can even read more about what is EPS ratio and what is P/E ratio to understand better.

This assist you to short list from top 10 large cap stocks to buy now for long term investment. This should not be considered as large cap stock recommendations, but this can help you to figure out best large cap stocks to invest in 2024.

Sr.Company NameBook ValueIV (Rs) P/E RatioEPS1-Year Return (%)
1MRF Limited37328.1547648.4627.663986.9425.5
2Bosch Limited3929.237074.0739.68720.7723.26
3Abbott India Limited1463.077677.2645.77508.9219.49
43M India Limited1851.635312.2971.13431.8727.92
5Maruti Suzuki India Limited21783748.727.9375.7916.67
6Nestle India Limited296.33777.780.29308.1620.47
7Dr. Reddy’s Laboratories Limited1528.724298.3818.16305.5825.4
8Bajaj Auto Limited1036.593555.6922.96241.7950.26
9Procter & Gamble Hygiene and Health Care Limited291.443006.6780.21226.2529.61
10Oracle Financial Services Software Limited750.132488.2219.54212.2334.11

Note: Stock price, Company data and financial ratios mentioned are based of January 2024 data. This list will assist you in your research like: stocks with high EPS and low PE ratio in 2024, stocks with high EPS ratio, stocks with low P/E ratio. Grab some good understanding on indicators for research purpose. Get some knowledge about:

Top 100 – List of Best Large Cap Stocks for 2024 with Big Potential

Here we are presenting large cap companies list which you can deep research on it. Your research, your knowledge, your technical analysis or fundamental analysis and charting skills will assist you to figure it out the best suitable from the list of best large cap companies for your portfolio.This list is based on EPS Ratio from highest to lowest which does not includes “Top Large Cap Stocks to Buy” which is mentioned above.

Sr.Company NameBook ValueIV (Rs) P/E RatioEPS1-Year Return (%)
1Apar Industries Limited643.695365.4227.14204.85253.79
2UltraTech Cement Limited1944.914014.3944.5197.2427.7
3Bayer Cropscience Limited696.763204.6231.98187.8918.77
4Hero MotoCorp Limited884.281938.8419.59162.519.54
5Sundaram Finance Limited951.751250.6824.33135.6148
6AIA Engineering Limited6502694.6127.64128.9338.34
7Persistent Systems Limited574.412370.6449.04128.0169.39
8Tata Elxsi Limited336.622315.2167.1126.0623.61
9L&T Technology Services Limited453.152737.736.87120.2418.01
10Alkem Laboratories Limited823.192091.4234.75119.8539.3
11Coforge Limited544.372756.3748.25112.8347.48
12Gillette India Limited303.471826.2157.76110.9726.3
13Polycab India Limited479.581969.3249.2107.28105.01
14IndusInd Bank Limited703.981425.7614.03107.0130.72
15Muthoot Finance Limited552.511188.3214.1293.9222.4
16Hindustan Aeronautics Limited375.121164.223.3990.3857.64
17Mahindra & Mahindra Limited486.411066.6618.0789.8324.63
18Solar Industries India Limited315.911930.7776.6689.3271.34
19Ratnamani Metals & Tubes Limited402.142378.9938.7788.8377.79
20Larsen & Toubro Limited570.521180.934.4187.7250.34
21MphasiS Limited419.471647.7827.7985.219.92
22CRISIL Limited263.331551.1950.8682.9642.89
23Cholamandalam Financial Holdings Limited451.351188.7613.5481.683.87
24Supreme Industries Limited362.551627.6850.2980.9478.87
25HDFC Asset Management Company Limited282.23953.1236.0777.837.06
26CREDITACCESS GRAMEEN LIMITED364.451354.5422.3875.7471.57
27Escorts Limited655.81668.3746.1869.0158.12
28Coromandel International Limited307.781534.9616.368.8122.12
29Mazagon Dock Shipbuilders Limited236.76733.2631.8562.22127.26
30KEI Industries Limited316.91359.2145.5258.5864.05
31JK Cement Limited630.831206.16057.4718.55
32Siemens Limited339.03939.8870.9457.2922.83
33ABB India Limited253.35641.2374.257.0435.57
34HCL Technologies Limited242.05109623.0456.9220
35Dalmia Bharat Limited853.78866.1435.2655.5226.11
36Balkrishna Industries Limited425.471238.3648.9854.1934.15
37Oberoi Realty Limited353.191169.8524.7253.9450.12
38Tube Investments of India Limited228.861012.4867.7253.0725.96
39Dixon Technologies (India) Limited243.531745.26105.2851.8323.73
40The Phoenix Mills Limited494.33928.5944.6151.7149.71
41Ajanta Pharma Limited271.75922.3937.4651.5352.14
42PNB Housing Finance Limited545.350015.5949.79123.63
43Linde India Limited377.14589.45123.6548.8795.58
44Apollo Hospitals Enterprise Limited452.66933.24110.2448.5121.33
45Cummins India Limited203.86664.5438.647.7233.4
46Sun TV Network Limited255.84609.4314.1847.2438.75
47Tata Communications Limited50.99195.5836.8246.430.9
48Tata Motors Limited161.48244.215.5846.1660.79
49Torrent Power Limited246.6641.9818.2845.2962.12
50IIFL Finance Limited260.03628.2214.4844.4353.04
51Colgate Palmolive (India) Limited64.83473.2748.7143.1335.94
52Prestige Estates Projects Limited275.22351.5221.4542.7693.26
53Axis Bank Limited421.8607.4913.5142.6119.59
54Thermax Limited334.74977.4864.2541.8632.65
55Jindal Steel & Power Limited406.84446.2415.2539.7625.73
56Aurobindo Pharma Limited481.09636.1424.2639.69105.87
57Torrent Pharmaceuticals Limited198.18394.551.439.6825.28
58ICICI Securities Limited101.34367.1718.0938.3427.2
59GlaxoSmithKline Pharmaceuticals Limited90.88348.5942.2938.2419.58
60Hindalco Industries Limited442.75680.3613.4837.4814.5
61Jindal Stainless Limited160.84460.314.937.23178.36
62Titan Company Limited139.77697.8789.6937.1929.2
63Tech Mahindra Limited270.75755.7532.8236.9614.04
64Cholamandalam Investment and Finance Company Limited192.18546.3232.3636.7767.07
65Narayana Hrudayalaya Ltd.122.42545.8931.7236.0952.79
66ICICI Lombard General Insurance Company Limited230.18666.8439.1435.7724.16
67Sun Pharmaceutical Industries Limited249.34538.8631.935.6317.39
68JB Chemicals & Pharmaceuticals Limited175.35640.7447.8431.4347.15
69TVS Motor Company Limited133.04475.3954.8930.6851.85
70Lupin Limited290.82260.8940.8329.2662.21
71APL Apollo Tubes Limited118.28604.0360.927.6754.23
72Godrej Industries Limited244.26428.9325.4726.1463.42
73Apollo Tyres Limited204.41365.6517.0925.0554.63
74Kajaria Ceramics Limited157.17375.6851.2424.9825.04
75Carborundum Universal Limited150.71421.847.0524.2937.15
76AU Small Finance Bank Limited164.64488.630.3524.0819.43
77Sundram Fasteners Limited152.97459.7351.6123.9336.35
78Godrej Properties Limited340.21533.7178.0423.8343.7
79Bharat Dynamics Limited184.06316.3847.7123.2117.65
80K.P.R. Mill Limited118.28383.5134.1823.0845.76
81Aditya Birla Capital Limited95.3229.7917.5921.2644.04
82Astral Poly Technik Limited108.04467.1893.4720.4633.88
83NTPC Limited158.48266.0512.7919.7249.94
84IPCA Laboratories Limited242.36507.7556.2219.423.51
85KPIT Technologies Limited67.75306.1182.9917.76112.7
86Trent Limited81.97297.79151.6417.782.19
87Godrej Consumer Products Limited141.77268.6354.5517.1116.8
88The Ramco Cements Limited293.57377.6759.2616.9355.03
89ITC Limited55.41252.3127.1716.2327.63
90Mahindra & Mahindra Financial Services Limited150.58224.1817.2216.0535.06
91Emami Limited54.62166.1831.9815.8215.03
92United Spirits Limited93.63219.1458.9515.5817.91
93Varun Beverages Limited49.95304.367.8915.3881.98
94Max Financial Services Limited108.72153.9763.1614.6742.56
95Bharat Forge Limited150.61291.7275.214.3626.25
96Nippon Life India Asset Management Limited57.1149.2329.5114.1660.43
97TATA CONSUMER PRODUCTS LIMITED173.8920769.2113.7317.05
98Syngene International Limited96.78255.1957.4812.4117.91
99Tata Power Company Limited94.31143.9824.5511.1718.54
100Hatsun Agro Product Limited65.78146.27107.1110.2919.74

Note: Financial Ratios and Stock Price are based on January 2024 data. This would really be an ideal for analyzing and research purpose.

For analyzing, it is important that you know about what is fundamental analysis with what are qualitative factors, along with what are qualitative data analysis, and analyze annual report of a company, and not the least examples of financial ratios of the companies. You can go through our free tutorial course on basics of fundamental analysis for beginners to gain knowledge as a first stepping stone toward training yourself. This will definitely provide you better knowledge in picking best large cap stock and also to decide whether to buy or hold for long term or short term in India.


Here we have seen top 10 – best large cap stocks to buy for long term investment in India 2024-2025. Our motive is to provide the list of best large cap stocks with highest upside potential in India 2024 companies to watch on. You can perform your technical analysis or fundamental analysis before you take decision to invest in best large cap stocks to buy and hold for long term investment with big potential.

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