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Top 5 Large Cap Stocks of 2019

3 min read
Here's a complete list and analysis of Top Large Cap Stocks or Companies in Indian Share Market for the year 2019. Have you invested in these stocks? Does it still make sense to invest in these stocks for 2020?
Top 5 Large Cap Stocks

Top 5 Large Cap Stocks with Highest YTD Returns

Build The Best Stock Portfolio with Top 5 Large Cap Stocks of 2019

Introduction

Here’s a complete list and analysis of Top 5 Large Cap Stocks of 2019 in Indian Share Market. Have you invested in these companies? Does it still make sense to invest in these stocks for 2020?

Detailed Stock Analysis by Invest Yadnya
Detailed Stock Analysis by Invest Yadnya

Top 5 Large Cap Stocks of 2019

Here is the list of top 5 large cap stocks of 2019 with highest YTD returns. The analysis of these stocks which have given a great YTD performance is also discussed.

Top 5 Large Cap Stocks of 2019
Top 5 Large Cap Stocks of 2019

1. HDFC Asset Management Company Ltd

HDFC Asset Management Company Ltd
HDFC Asset Management Company Ltd
  • Government’s major booster – Corporate Tax Rate Cut Announcement (20th Sept)
    • New Tax Rate is Changed to 25% from earlier 35%
  • Inclusion in MSCI India Index (8th Nov) : MSCI India index has announced the inclusion of HDFC AMC in MSCI India Index.
  • Repayment of Rs.167 Cr from Essel Group (26th Nov)
    • Exposure to Essel Group bonds = Rs.276 Cr
    • Value of residual pledged equity shares = Rs.144 Cr
  • Morgan Stanley has given Overweight stance on HDFC AMC (27th Nov)

2. SBI Life Insurance Company Ltd

 SBI Life Insurance Company Ltd
SBI Life Insurance Company Ltd
  • Offer for Sale of SBI Life Insurance by its Promoter, SBI
    • SBI offloaded 4.5% stake (14th Sept)
    • Raised Rs.3,500 Cr through offer for sale
  • Jefferies maintain BUY rating for SBI Life; Revised target price upwards (17th Oct)
  • Inclusion in MSCI India Index (8th Nov)
  • Government may raise FDI limit in Insurance firms to 74% up from current limit 49% (10th Dec)

3. ICICI Lombard General Insurance Co. Ltd

ICICI Lombard General Insurance Co. Ltd
ICICI Lombard General Insurance Co. Ltd
  • Rise in FPI stakes to 18.4% in June-19 quarter (7th Aug)
    • FPI sees long-term growth in insurance industry
    • Increased by more than double in 1 year
    • FPI stake : 7.2% in June-18
  • Increase in % stake by Mutual Fund Houses in September quarter (15th Oct)
  • New Motor Vehicle Act could add Rs.2,600 Cr to ICICI Lombard provided there is 100% compliance
  • Net Profit Growth YoY :
    • Q4 FY19 7.5%
    • Q1 FY20 7.3%
    • Q2 FY20 5%
  • Government may raise FDI limit in Insurance firms to 74% up from current limit 49% (10th Dec)

4. HDFC Life Insurance Co. Ltd

HDFC Life Insurance Co. Ltd
HDFC Life Insurance Co. Ltd
  • MSCI added HDFC Life Insurance in its Global Standard Index in August
  • 14.5% stake sale since Jan-19 by Co-Promoter, UK’s Standard Life
    • Increase in free-float market capitalization
  • Quarterly Net Profit Growth YoY :
    • Q4 FY19 : 5%
    • Q1 FY20 : 11.7%
    • Q2 FY20 : 7%
  • Increase in stake by Mutual fund houses & Overseas portfolio investors (FPI)
  • Government may raise FDI limit in Insurance firms to 74% up from current limit 49% (10th Dec)

5. Bajaj Finance Ltd

Bajaj Finance Ltd
Bajaj Finance Ltd
  • Corporate Tax Rate Cut Announcement (20th Sept)
    • Tax Rate Changes : 35% to 25%
  • Increase in stake by Mutual fund houses & Overseas portfolio investors (FPI)
  • Bajaj Finance launches QIP of Rs.8,500 Cr (4th Nov)
  • QIP Participation in RBL Bank’s QIP
  • Invocation of pledged shares of Karvy Data Management

Conclusion

These top 5 large cap companies have delivered very good performance year to date. This analysis can help you build the best stock portfolio over the longer horizon.

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