What could be next Blue Chip Stocks ?

Aim of finding next Blue chip stock or Multi bagger stock is at every investor's heart. We are doing some help to investors in that concern.

Last year in August 2020 we did a research on mutual fund's mid cap top 10 holdings. We are assuming that MF's are more smart and qualified in market. So if they are investing thousands of crores in some stocks then definitely they have thought and did research on potential of that stock.

We listed Top 10 stocks with its mutual fund's AUM. Now after close to 10 months we calculated the returns of all stocks, and all of them did exceptionally well with average of 30% to 50% in absolute terms.

Below Image is from our last year's article.

1) Bharat Electronics

Bharat Electronics Ltd. is one of nine PSU's under Ministry of Defense of India. It belongs to Aerospace industry. It was founded in Bengaluru in 1954. Bharat Electronics Ltd. engages in the manufacture and supply of strategic electronic products to defense services. It is with market capitalization of 368B.

2) PI Industries

PI Industries Ltd. engages in the manufacture and sale of agro-chemicals. Specifically it belongs to chemical industry. The firm's products include insecticides, fungicides and herbicides. The company was founded in 1946 in Gurgaon. It is with Market capitalization of 423B.

3) Voltas Ltd

Voltas Ltd. engages in the provision of engineering solutions. It belongs to engineering and construction industry of industrial services sector. The company was incorporated in 1954 as a collaboration between Tata Sons and Volkart Brothers. By valuation company's market capitalization is 337B

4) IPCA Laboratories

IPCA Laboratories Ltd. engages in the manufacture, research, and development of pharmaceutical products. It belongs to Health Technology sector in Pharmaceutical industry. The company was founded in 1949 in Mumbai. By valuation company has a market capitalization of 254B.

5) TATA Consumer Ltd

Tata Consumer Products Ltd. operates as a holding company. The firm engages in the trading, production and distribution of tea, coffee and water. It belongs to FMCG industry in Consumer Non durables sector. It is the world's second-largest manufacturer and distributor of tea and a major producer of coffee. The company was founded in 1962. It is with Market capitalization of 697B.

6) Balakrishana Industries

Balkrishna Industries Ltd. engages in the manufacture and sale of off-highway tires. It belongs to Auto parts industry in Product manufacturing sector . It is an multinational tires manufacturing company. It was founded in 1987 in Mumbai. It is with Market capitalization of 426B.

7) Max Financial Services Ltd

Max Financial Services Ltd. operates in Business Investments and Life Insurance segments. It belongs to Life and Health insurance industry in Finance sector. The company was founded in 1988 in New Delhi. It is with Market Capitalization of 346B.

8) Info Edge (India) Ltd.

Info Edge India Ltd. engages in the provision of Internet based service delivery services.. It belongs to Personal Services industry in Commercial Services sector. It operates in recruitment solutions- Naukari.com , Real estate- 99acres , Jeevansathi.com, Shiksha.com and Others. The company was founded in 1988. The company is with Market Capitalization of 626B.

9) The Ramco Cement Ltd.

The Ramco Cements Ltd. is a holding company, which engages in the manufacture and sale of cement. It belongs to Construction Materials industry in Non Energy Minerals Sector. The company also produces ready mix concrete and dry mortar products and operates wind farms. The company was founded in 1957. Market Capitalization of company is 241B.

10) C G Consumer Electricals Ltd.

Crompton Greaves Consumer Electricals Ltd. is a holding company, which engages in the manufacture and distribution of consumer electrical products. It belongs to Electronics Appliances industry in Consumer Durables sector. As of February 2016, Crompton Greaves Consumer Electricals is an independent company under professional management and have 2 business segments that are Lighting and Electrical Consumer Durables. It is with Market Capitalization of 257B.

It is not easy as it seems to find next HDFC Bank or next HUL. Like these mid cap stocks only will take place for future large caps. Betting on stocks comes with finding their potential with well research and great patience.

Happy Investing !