What is the meaning of blue chip company?
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Answer Posted / mahaveer
Bluechip Companies: having more stake in hands of
promoters, market capitalisation minimum Rs.15,000 Crore,
regular payment of huge dividends, higher EPS(earning per
share), continuous growth pattern yearly, half yearly and
quarterly, less volatility in share values. India has
several such companies e.g. SBI, RIL, ONGC, BHARTI AIRTEL,
IFOSYS, TCS, HDFC,IOC, TATA STEEL, JINDAL STEEL & POWER,
CAIRN INDIA, RELIANCE POWER etc.
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