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 Name	Book Value	IV (Rs)	P/E Ratio	EPS	1-Year Return (%)
1	MRF Limited	37328.15	47648.46	27.66	3986.94	25.5
2	Bosch Limited	3929.23	7074.07	39.68	720.77	23.26
3	Abbott India Limited	1463.07	7677.26	45.77	508.92	19.49
4	3M India Limited	1851.63	5312.29	71.13	431.87	27.92
5	Maruti Suzuki India Limited	2178	3748.7	27.9	375.79	16.67
6	Nestle India Limited	296.3	3777.7	80.29	308.16	20.47
7	Dr. Reddy’s Laboratories Limited	1528.72	4298.38	18.16	305.58	25.4
8	Bajaj Auto Limited	1036.59	3555.69	22.96	241.79	50.26
9	Procter & Gamble Hygiene and Health Care Limited	291.44	3006.67	80.21	226.25	29.61
10	Oracle Financial Services Software Limited	750.13	2488.22	19.54	212.23	34.11

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 Name	Book Value	IV (Rs)	P/E Ratio	EPS	1-Year Return (%)
1	Apar Industries Limited	643.69	5365.42	27.14	204.85	253.79
2	UltraTech Cement Limited	1944.91	4014.39	44.5	197.24	27.7
3	Bayer Cropscience Limited	696.76	3204.62	31.98	187.89	18.77
4	Hero MotoCorp Limited	884.28	1938.84	19.59	162.5	19.54
5	Sundaram Finance Limited	951.75	1250.68	24.33	135.61	48
6	AIA Engineering Limited	650	2694.61	27.64	128.93	38.34
7	Persistent Systems Limited	574.41	2370.64	49.04	128.01	69.39
8	Tata Elxsi Limited	336.62	2315.21	67.1	126.06	23.61
9	L&T Technology Services Limited	453.15	2737.7	36.87	120.24	18.01
10	Alkem Laboratories Limited	823.19	2091.42	34.75	119.85	39.3
11	Coforge Limited	544.37	2756.37	48.25	112.83	47.48
12	Gillette India Limited	303.47	1826.21	57.76	110.97	26.3
13	Polycab India Limited	479.58	1969.32	49.2	107.28	105.01
14	IndusInd Bank Limited	703.98	1425.76	14.03	107.01	30.72
15	Muthoot Finance Limited	552.51	1188.32	14.12	93.92	22.4
16	Hindustan Aeronautics Limited	375.12	1164.2	23.39	90.38	57.64
17	Mahindra & Mahindra Limited	486.41	1066.66	18.07	89.83	24.63
18	Solar Industries India Limited	315.91	1930.77	76.66	89.32	71.34
19	Ratnamani Metals & Tubes Limited	402.14	2378.99	38.77	88.83	77.79
20	Larsen & Toubro Limited	570.52	1180.9	34.41	87.72	50.34
21	MphasiS Limited	419.47	1647.78	27.79	85.2	19.92
22	CRISIL Limited	263.33	1551.19	50.86	82.96	42.89
23	Cholamandalam Financial Holdings Limited	451.35	1188.76	13.54	81.6	83.87
24	Supreme Industries Limited	362.55	1627.68	50.29	80.94	78.87
25	HDFC Asset Management Company Limited	282.23	953.12	36.07	77.8	37.06
26	CREDITACCESS GRAMEEN LIMITED	364.45	1354.54	22.38	75.74	71.57
27	Escorts Limited	655.8	1668.37	46.18	69.01	58.12
28	Coromandel International Limited	307.78	1534.96	16.3	68.81	22.12
29	Mazagon Dock Shipbuilders Limited	236.76	733.26	31.85	62.22	127.26
30	KEI Industries Limited	316.9	1359.21	45.52	58.58	64.05
31	JK Cement Limited	630.83	1206.1	60	57.47	18.55
32	Siemens Limited	339.03	939.88	70.94	57.29	22.83
33	ABB India Limited	253.35	641.23	74.2	57.04	35.57
34	HCL Technologies Limited	242.05	1096	23.04	56.92	20
35	Dalmia Bharat Limited	853.78	866.14	35.26	55.52	26.11
36	Balkrishna Industries Limited	425.47	1238.36	48.98	54.19	34.15
37	Oberoi Realty Limited	353.19	1169.85	24.72	53.94	50.12
38	Tube Investments of India Limited	228.86	1012.48	67.72	53.07	25.96
39	Dixon Technologies (India) Limited	243.53	1745.26	105.28	51.83	23.73
40	The Phoenix Mills Limited	494.33	928.59	44.61	51.71	49.71
41	Ajanta Pharma Limited	271.75	922.39	37.46	51.53	52.14
42	PNB Housing Finance Limited	545.3	500	15.59	49.79	123.63
43	Linde India Limited	377.14	589.45	123.65	48.87	95.58
44	Apollo Hospitals Enterprise Limited	452.66	933.24	110.24	48.51	21.33
45	Cummins India Limited	203.86	664.54	38.6	47.72	33.4
46	Sun TV Network Limited	255.84	609.43	14.18	47.24	38.75
47	Tata Communications Limited	50.99	195.58	36.82	46.4	30.9
48	Tata Motors Limited	161.48	244.2	15.58	46.16	60.79
49	Torrent Power Limited	246.6	641.98	18.28	45.29	62.12
50	IIFL Finance Limited	260.03	628.22	14.48	44.43	53.04
51	Colgate Palmolive (India) Limited	64.83	473.27	48.71	43.13	35.94
52	Prestige Estates Projects Limited	275.22	351.52	21.45	42.76	93.26
53	Axis Bank Limited	421.8	607.49	13.51	42.61	19.59
54	Thermax Limited	334.74	977.48	64.25	41.86	32.65
55	Jindal Steel & Power Limited	406.84	446.24	15.25	39.76	25.73
56	Aurobindo Pharma Limited	481.09	636.14	24.26	39.69	105.87
57	Torrent Pharmaceuticals Limited	198.18	394.5	51.4	39.68	25.28
58	ICICI Securities Limited	101.34	367.17	18.09	38.34	27.2
59	GlaxoSmithKline Pharmaceuticals Limited	90.88	348.59	42.29	38.24	19.58
60	Hindalco Industries Limited	442.75	680.36	13.48	37.48	14.5
61	Jindal Stainless Limited	160.84	460.3	14.9	37.23	178.36
62	Titan Company Limited	139.77	697.87	89.69	37.19	29.2
63	Tech Mahindra Limited	270.75	755.75	32.82	36.96	14.04
64	Cholamandalam Investment and Finance Company Limited	192.18	546.32	32.36	36.77	67.07
65	Narayana Hrudayalaya Ltd.	122.42	545.89	31.72	36.09	52.79
66	ICICI Lombard General Insurance Company Limited	230.18	666.84	39.14	35.77	24.16
67	Sun Pharmaceutical Industries Limited	249.34	538.86	31.9	35.63	17.39
68	JB Chemicals & Pharmaceuticals Limited	175.35	640.74	47.84	31.43	47.15
69	TVS Motor Company Limited	133.04	475.39	54.89	30.68	51.85
70	Lupin Limited	290.82	260.89	40.83	29.26	62.21
71	APL Apollo Tubes Limited	118.28	604.03	60.9	27.67	54.23
72	Godrej Industries Limited	244.26	428.93	25.47	26.14	63.42
73	Apollo Tyres Limited	204.41	365.65	17.09	25.05	54.63
74	Kajaria Ceramics Limited	157.17	375.68	51.24	24.98	25.04
75	Carborundum Universal Limited	150.71	421.8	47.05	24.29	37.15
76	AU Small Finance Bank Limited	164.64	488.6	30.35	24.08	19.43
77	Sundram Fasteners Limited	152.97	459.73	51.61	23.93	36.35
78	Godrej Properties Limited	340.21	533.71	78.04	23.83	43.7
79	Bharat Dynamics Limited	184.06	316.38	47.71	23.21	17.65
80	K.P.R. Mill Limited	118.28	383.51	34.18	23.08	45.76
81	Aditya Birla Capital Limited	95.3	229.79	17.59	21.26	44.04
82	Astral Poly Technik Limited	108.04	467.18	93.47	20.46	33.88
83	NTPC Limited	158.48	266.05	12.79	19.72	49.94
84	IPCA Laboratories Limited	242.36	507.75	56.22	19.4	23.51
85	KPIT Technologies Limited	67.75	306.11	82.99	17.76	112.7
86	Trent Limited	81.97	297.79	151.64	17.7	82.19
87	Godrej Consumer Products Limited	141.77	268.63	54.55	17.11	16.8
88	The Ramco Cements Limited	293.57	377.67	59.26	16.93	55.03
89	ITC Limited	55.41	252.31	27.17	16.23	27.63
90	Mahindra & Mahindra Financial Services Limited	150.58	224.18	17.22	16.05	35.06
91	Emami Limited	54.62	166.18	31.98	15.82	15.03
92	United Spirits Limited	93.63	219.14	58.95	15.58	17.91
93	Varun Beverages Limited	49.95	304.3	67.89	15.38	81.98
94	Max Financial Services Limited	108.72	153.97	63.16	14.67	42.56
95	Bharat Forge Limited	150.61	291.72	75.2	14.36	26.25
96	Nippon Life India Asset Management Limited	57.1	149.23	29.51	14.16	60.43
97	TATA CONSUMER PRODUCTS LIMITED	173.89	207	69.21	13.73	17.05
98	Syngene International Limited	96.78	255.19	57.48	12.41	17.91
99	Tata Power Company Limited	94.31	143.98	24.55	11.17	18.54
100	Hatsun Agro Product Limited	65.78	146.27	107.11	10.29	19.74

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

• technical indicators meaning along with technical indicators types,
• what is candlestick chart with what is support and resistance,
• single candlestick patterns types, and what is moving average,
• types of multiple candlestick patterns and what is volume,
• and more about basics of technical analysis for beginners from our tutorial course while researching best large cap stocks to buy and hold with big potential.

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.

Conclusion:

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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