Top Blue Chip Companies in India
Blue chip companies are the companies, which does not have extensive liabilities and have stable earnings. The stocks of blue chip companies are popularly called as blue chip stocks and these stops pay regular dividend to the holders irrespective of the level of prosperity of the organization.
Even though, the blue chip companies in India seem to be smaller as compared to the blue chip companies in the United States, they have performed considerable well. There are a number of blue chip companies in India and the names of top blue chip companies in India are given below:
Top 8 Blue Chip Companies:
• Oil and Natural Gas Corporation
• Reliance Communications
• ICICI Bank
• Tata Consultancy Services
• Tata Steel
• Bharati Airtel
• State Bank of India
• Indian Oil Corporation
To know more details regarding these top blue chip companies in India, read on the content given below:
Oil and Natural Gas Corporation (ONGC):
ONGC holds the pride of being the Asia’s Best Oil & Gas Company. The company ranks first in terms of profit and second in terms of E&P according to a survey conducted in the year 2004. This company is coming under blue chip category since the company earned an aggregate of 12.371 billion dollars for three years.
Reliance Communications:
Reliance Communications began its operations in the year 1999 and it is a company operating under the Anil Dhirubhai Ambani Group of companies. The main purpose behind the establishment of this company is to offer information and communication to people at affordable cost. This company is coming under blue chip category since the company earned an aggregate of 1.828 billion dollars for three years.
ICICI Bank:
Being a top player in the banking sector in India, ICICI Bank is one among the big four banks in India with other banks like Axis Bank, HDFC Bank and State Bank of India. They are offering a wide range of financial and banking services to their customers and the bank coming under blue chip category since the company earned an aggregate of 2.152 billion dollars for three years.
Tata Consultancy Services:
As most of us know, TCS is a big name in the information technology sector in India and they are offering an unmatched service to the IT industry. They are following a unique global network delivery model, which is considered as the yardstick of superiority in the industries of information technology and software development. This company is coming under blue chip category since the company earned an aggregate of 2.645 billion dollars for three years.
Tata Steel:
Tata Steel is again a very good name in the steel industry and they offer the best quality steel under the brand name of Tata Group Company. This company is coming under blue chip category since the company earned an aggregate of 2.778 billion dollars for three years.
Bharati Airtel:
Bharati Airtel is one of the top players in the telecommunication sector in India and the company earned the best performance company award in the year 2007 from the Business Week Magazine. This company is coming under blue chip category since the company earned an aggregate of 2.778 billion dollars for three years.
State Bank of India:
SBI is a very big name among the public sector banks in India that has been offering banking services from the first decade of the 19th Century. The bank offers a wide range of financial services and it is coming under blue chip category since the company earned an aggregate of 3.498 billion dollars for three years.
Indian Oil Corporation:
Indian Oil Corporation came into existence in the year 1964 operating under the control of Government of India. This company is coming under blue chip category since the company earned an aggregate of 4.31 billion dollars for three years.
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