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Large-cap stocks are infamous for being slow-growing, lumbering businesses. But what if we told you there was a way to find exceptions? Using Value Research’s Stock Ratings, we found three large caps, scoring 8 or above on both our Growth and Momentum Score, denoting solid growth metrics, backed by market favour.
Over the last one year when markets threw curveballs and volatility kept investors on edge, these three not only held their ground but powered through uncertainty with solid gains. Here's a brief look at them:
3) ICICI Bank
ICICI Bank is one of India’s leading private sector banks, demonstrating strong growth and robust asset quality. Its key segments include retail banking (consumer loans, credit cards, mortgages), business banking (borrowers with turnover up to Rs 750 crore), corporate banking (large enterprises), and treasury operations (investment and trading activities). In FY25, its loan book grew nearly 14 per cent driven by retail and business banking. Its net NPA ratio improved to 0.39 per cent, supported by a provision coverage ratio above 76 per cent.
| Stock | 1-year return (%) | 5-year EPS growth (pa%) | 5-year book value growth (pa%) |
|---|---|---|---|
| ICICI Bank | 29.2 | 37.3 | 15.75 |
Cholamandalam Investment, part of the Murugappa Group, is one of India’s largest non-bank lenders, with 55 per cent of loans in the vehicle finance segment. The NBFC, however, has also been expanding into segments like affordable housing, SME and personal loans. Its 1,600 plus branches are mainly present in tier-3 and tier-6 towns. Its AUM doubled to Rs 1.84 lakh crore in the last five years, with profit after tax growing 35 per cent annually since FY11.
| Stock | 1-year return (%) | 5-year EPS growth (pa%) | 5-year book value growth (pa%) |
|---|---|---|---|
| Cholamandalam Investment | 27.63 | 30.4 | 23.94 |
1) Bajaj Finance
Bajaj Finance, a leading NBFC, has grown its loan book at a solid 25 per cent per annum over the last 17 years by pioneering consumer financing for India’s middle class. It built an easy, accessible lending system, creating one of the country’s largest consumer credit databases. This data-driven approach has enabled it to consistently keep its gross NPA below 1.8 per cent and deliver strong profitability.
| Stock | 1-year return (%) | 5-year EPS growth (pa%) | 5-year book value growth (pa%) |
|---|---|---|---|
| Bajaj Finance | 33.91 | 24.59 | 29.29 |
The three high-scorers
| Company | Stock Rating | Quality Score | Growth Score | Valuation Score | Momentum Score |
|---|---|---|---|---|---|
| Bajaj Finance | ★★★★★ | 10 | 10 | 5 | 10 |
| Cholamandalam Investment and Finance | ★★★★★ | 10 | 10 | 4 | 9 |
| ICICI Bank | ★★★★★ | 8 | 9 | 5 | 9 |
These large caps prove that strong growth and market favour go hand in hand, no matter the size. Want to now shortlist mid-and-small caps that score high on our Stock Ratings? Explore our screener list and find the combination of growth, quality, valuation and momentum you are looking for.
Also read: 4 mid caps that raced up to 46% in a year, but remain cheap
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