TOP 5 Blue Chip Companies In india
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TOP 5 Blue Chip Companies In india

About Blue Chip Companies :

“Blue Chip Companies” Blue chip companies are large and well-established companies with a history of consistent performance.  These companies are financially strong (usually debt-free or very low debts) and are capable to survive in the tough market situations.

Blue chip stocks are considered to be more defensive with the ability to weather stock market storms. It doesn’t mean the stock price will not go down, it means they are expected to recover due to their established business and strong foothold.

The Blue Chip Stocks Give Regular Income Even Bad time of the organisation.As per market capitalization, the leading blue chip companies of India are Reliance Industries (RIL), Tata Consultancy Services (TCS), Oil and Natural Gas Corporation Limited (ONGC), Housing Development Finance Corporation Limited (HDFC) Bank, Imperial Tobacco Company of India Limited (ITC).

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Reliance Industries : (RIL)

I Think this company no needs to introduction. Reliance Industries is the one of the biggest Company In India. Reliance Industries is India’s largest private sector company.The company is involved in a energy, petrochemicals, textiles, natural resources, retail, and telecommunications.

Reliance Industries rises with its telecom arm adding 80.82 lakh subscribers in April.

Reliance Industries (RIL) telecom arm — Reliance Jio Infocomm (Jio) has become the country’s largest telecom operator with a subscriber base of 331.3 million, surpassing Vodafone Idea which on July 26 reported a decline in its user base to 320 million by June 2019.The company had a user base of 331.3 million by June 2019.

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Tata Consultancy Services (TCS) :

Tata Consultancy Services  (TCS) is a leading name in the domain of IT services, Tata Consultancy Services Limited (TCS) is an Indian multinational information technology (IT) service,consulting and business solutions company. It is Indian Largest Software Exporter Company .

TCS is one of the largest Indian companies by market capitalization On June 2018, its market capitalization amounted to Rs 722,700 Crores .

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Oil and Natural Gas Corporation Limited (ONGC) :

Oil and Natural Gas Corporation Limited is the leading energy based company in india.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India. On 30 April 2015, its market capitalization amounted to Rs. 260,086.90 crore.

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Housing Development Finance Corporation Limited : (HDFC) Bank :

HDFC Bank is India’s leading banking and financial service company. The HDFC Bank was incorporated on August 1994 by the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995. The Housing Development Finance Corporation (HDFC) was among the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI’s liberalization of the Indian Banking Industry in 1994. Headquartered of HDFC Bank in Mumbai.

The shares are listed on the Bombay Stock Exchange Limited and The National Stock Exchange of India Limited. The Bank’s American Depository Shares ( ADS ) are listed on the New York Stock Exchange (NYSE) under the symbol ‘HDB’ and the Bank’s Global Depository Receipts (GDRS) are listed on Luxembourg Stock Exchange. On 30 April 2015, its market capitalization amounted to Rs. 247,842.26 crore.

Imperial Tobacco Company of India Limited (ITC) :

Indian Tobacco Company (ITC) is one of the biggest,Fast-Moving Consumer Goods (FMCG),packaging, hotels, agri business, paper boards and specialty papers, and information technology sectors. conglomerates of India. ITC was formed in August 1910 under the name of Imperial Tobacco Company of India Limited.On 30 April 2015, its market capitalization amounted to Rs. 258,380.27 crore.

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