The blue chips are the stocks that are the crowd puller to the enormous brand value and financial power.
What is Blue Chip Stocks?
Blue chip stocks are the most extensive stocks with broad financial bandwidth. It has the share market and an established track record of performance.
Blue chip stocks are the blue betting disk in the game of poker with the highest value, while the white is the lowest. It is a prominent and manageable organization with disks and corporate giants with an extensive financial potential performance history.
These stocks withstand adverse market conditions besides fetching sizeable returns in the optimum market conditions.
The investor portfolio of blue chip stocks is comprised of which is called the big boys. This is because it has the largest size and influence over economic and geopolitical situations.
It has various parameters, including consistent annual profits over a long time with market capitalization and a well-balanced debt-to-equity ratio that can help first-time users identify blue-chip stock companies.
List of Blue Chips Stocks
The followings are the blue-chip stocks of 2023:
| Company | Price Change in the last 3 Year | Market Capitalisation |
| Adani Enterprises | +174.20% | Rs 4.36.284 Cr |
| Infosys | + 100.11% | Rs 6,27,093 Cr |
| SBI | +83.46% | Rs 5,40,118 Cr |
| Asian Paints | +74.40% | Rs 2,89,268 Cr |
| Reliance | +67.32% | Rs 16,54,891 Cr |
| ICICI Bank | +65.56% | Rs 6,27,254 Cr |
| TCS | +50.57% | Rs 12,12,848 Cr |
| ITC | +39.58% | Rs 64,05,883 Cr |
| Hindustan Unilever | +33.22% | Rs 8,97,885 Cr |
Adani Enterprises
Adani Enterprises company has the blue chip stocks that holds various sectors in coal mining, trading, infrastructure, oil and gas, gas distribution and power, and much more.
It has a profit of FY22- Rs 777 Cr.
Revenue in FY22- Rs 69,420 Cr.
Percentage increase in Revenue (FY21-FY22) – 75.58%
P/E Ratio – 351.28
Industry P/E Ratio – NA
Dividend Yield = 0.03%
Infosys Ltd.
It is a company hold a blue chip stocks is a consultancy and digital services for various sectors, including financial services. It includes FMCG, Energy, manufacturing, telecom, healthcare, etc.
It has the products and platforms: Skava, LEAP, Panaya, and Finacle.
It has a profit of FY22- Rs 22,110 Cr.
Revenue in FY22- Rs 1,21,641 Cr.
Percentage increase in Revenue (FY21-FY22) – 21.07%
P/E Ratio – 27.45
Industry P/E Ratio – 27.49
Dividend Yield = 2.17%
State Bank of India
State Bank of India is the largest bank in India, with a 56.92% share owned by the Government of India. It consists of treasury/ corporate/ wholesale banking, insurance, and retail banking.
It has a profit of FY22- Rs 35,374 Cr.
Revenue in FY22- Rs 4,06,973 Cr.
Percentage increase in Revenue (FY21-FY22) – 5.6%
P/E Ratio – 13.11
Industry P/E Ratio – 9.24
Dividend Yield = 1.17%
Asian Paints
It is a company that holds the blue chip stocks of Paints, coating, décor, and other residential amenities. The company promoters own around 52.56% of the company.
It has a profit of FY22- Rs 3,031 Cr.
Revenue in FY22- Rs 29,101 Cr.
Percentage increase in Revenue (FY21-FY22) – 34.02%
P/E Ratio – 78.94
Industry P/E Ratio – 13.38
Dividend Yield = 0.66%
Reliance Industries
This company holds a blue chip stocks which is famous for the contribution of oil to the chemical industry in India. In addition, it has seen growth in the retail market, financial services, and digital services.
It has a profit of FY22- Rs 60,705 Cr.
Revenue in FY22- Rs 7,21,634 Cr.
Percentage increase in Revenue (FY21-FY22) – 48.38%
P/E Ratio – 25.60
Industry P/E Ratio – 5.40
Dividend Yield = 0.32%
ICICI Bank
This company focuses on retail and wholesale banking and other services as the bank provides women’s accounts and senior citizens.
It has a profit of FY22- Rs 25,110 Cr.
Revenue in FY22- Rs 1,57,536 Cr.
Percentage increase in Revenue (FY21-FY22) – -2.35%
P/E Ratio – 21.50
Industry P/E Ratio – 9.24
Dividend Yield = 0.56%
Tata consultancy services
TCS is the most respected company, which has many employees. It includes digital and financial services, manufacturing, retail, media, healthcare, etc.
It has various platforms such as TCS-ion, TCS Omnistore, etc.
It has a profit of FY22- Rs 38,327 Cr.
Revenue in FY22- Rs 1,91,754 Cr.
Percentage increase in Revenue (FY21-FY22) – 16.79%
P/E Ratio – 30.79
Industry P/E Ratio – 27.49
Dividend Yield = 1.36%
ITC Ltd
ITC Ltd is the largest FMCG company with a massive hotel chain, packaging business, investment, etc. Its famous products are Vivel, Aashirvaad, Bingo, and classmate.
It has a profit of FY22- Rs 15,243 Cr.
Revenue in FY22- Rs 65,205 Cr.
Percentage increase in Revenue (FY21-FY22) – 22.67%
P/E Ratio – 23.40
Industry P/E Ratio – NA
Dividend Yield = 3.52%
Hindustan Unilever
It is India’s most prominent FMCG company that produces detergents, food and beverages, deodorants, and much more.It hold the blue chips stocks and has the famous brands include Pepsodent, Clinic Plus, Lakme, Surf Excel, etc.
It has a profit of FY22- Rs 8,879 Cr.
Revenue in FY22- Rs 52,446 Cr.
Percentage increase in Revenue (FY21-FY22) – 11.52%
P/E Ratio – 61.75
Industry P/E Ratio – 58.90
Dividend Yield = 1.42%
Benefits of Blue Chips Stocks Investment
- Diversification
- Power and Prestige
- Lower Chances of Stock price drops
Diversification: The higher degree of stock price stability allows the investors to maintain the stability in their portfolio.
This also allows investors to invest their corpus funds into risky investments like small-cap stocks.
Power and Prestige: This is the largest investor with a higher share market that a large company brings with a higher degree.
Lower chances of stock Price drops: A blue chip company has a brand value that can track and record to raise money more quickly and efficiently than a small-cap company.
It is easier for blue-chip companies to overcome financial crises.
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