Which are the 7 Bluechip Stocks That are Debt Free in India?

By : Sachin Gupta Published : 10 May 2023

1. LIC

[{"selector":"#anim-b2903dfc-6138-4743-b3c5-30fda0aa2d60 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ed2f31c5-3a4e-4805-a200-753e2275193f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-36b5d1a1-166a-4922-b8a7-db72e8bdbae7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c09bcf38-7fe7-4800-bb2b-7d8678240eff","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-16ad5247-5bce-404e-9f98-502a5dfab8ab","keyframes":{"transform":["translate3d(0px, 126.29789%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] - Life Insurance Corporation (LIC) is the largest insurance provider company in India. It has a market share of above 66.2% in new business premiums. - It is a debt-free company - The company’s market capitalization is Rs.3,56,667 crores - The stock is currently trading at Rs.562.95 Check the Share Price

2. Siemens Ltd

[{"selector":"#anim-7a662c9b-c1b2-4ecd-ac0b-0ba2ecb627b5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3dd7843-5665-442e-a43d-63aa84401d2e","keyframes":{"transform":["translate3d(0px, 126.29789%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae051ec0-dff0-4c84-8579-6ded5e213606","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-582029a3-3baf-41bf-ab87-a16bea6d50d8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] - Siemens Limited is a technology company focused on industry, infrastructure, digital transformation, transport as well as transmission and generation of electrical power. - It is a debt-free company - The company’s market capitalization is Rs. 1,32,007 crores - The stock is currently trading at Rs. 3707 Check the Share Price

3. SBI Life Insurance

[{"selector":"#anim-8a8786a1-4784-4b37-8148-57ec3f882f79 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b1cd6efa-e76a-4c43-afc3-171b3facdc8b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d567f2b7-5def-4bb0-8272-5f8c1405388b","keyframes":{"transform":["translate3d(0px, 126.29789%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c1929f4a-009e-4f0f-84ca-1c486ab98f8a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf140ff5-2f3a-4c8a-8338-bb967f3dcbbc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] - SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. - It is a debt-free company - The company’s market capitalization is Rs. 1,18,911 crores - The stock is currently trading at Rs. 1187.85 Check the Share Price

4. Bharat Electronics Ltd

[{"selector":"#anim-0a5154d4-9c56-46e9-8c0d-e96443ebab10 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-21658768-6ad0-40be-9c86-6a9777487ac1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-50049161-65b2-4460-ab15-a7062041fca8","keyframes":{"transform":["translate3d(0px, 126.29789%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d8baf4a6-9cc7-4748-8b20-f2904efbdc99","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-838864ea-0b6b-472c-a767-1e03e2606978","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] - BEL is an Indian state-owned aerospace and defence company with about nine factories, and several regional offices in India. - It is a debt-free company - The company’s market capitalization is Rs. 78,580 crores - The stock is currently trading at Rs. 107.3 Check the Share Price

5. HDFC AMC

[{"selector":"#anim-2fda3578-2302-4852-9031-651d4460e63a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-acbd95ba-96d0-441e-bb32-40fba62ae98e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b799478d-e544-4bb6-aa85-f43dd76184be","keyframes":{"transform":["translate3d(0px, 126.29789%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3c349150-9a1b-4473-a82d-348acec96361","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb20785b-4c61-4248-866c-4265349784b2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] - HDFC Asset Management Company Ltd provides Fund Management Services - It is a debt-free company - The company’s market capitalization is Rs. 39,421 crores - The stock is currently trading at Rs. 1847.65 Check the Share Price

6. General Insurance

[{"selector":"#anim-321deb4a-7693-4470-8add-42010db5c65e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-c8116864-f2fd-42f6-876b-02de77423a78","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8fa44099-99e6-4733-8250-f667e1402e32","keyframes":{"transform":["translate3d(0px, 126.29789%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4aa83cb3-19c8-44ce-bb4e-14ab160b52a6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2edcd669-fafc-4363-924b-06e9dc509bb5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] - General Insurance Corporation of India is engaged in the business of Reinsurance. - It is a debt-free company - The company’s market capitalization is Rs. 29,842 crores - The stock is currently trading at Rs. 170.35 Check the Share Price

7. New India Assurance Company

[{"selector":"#anim-e029d986-56cd-4501-95b2-e0669504cf30 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-28d90a5d-b1f9-4ca5-a7f0-98cb9cf5102c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ed0f134-0d2f-4510-a9f6-24a31b028148","keyframes":{"transform":["translate3d(0px, 126.29789%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-caacf3f0-7ff3-4eb1-8519-d23740cd2943","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-275e04ca-5984-4b86-ae68-ce02f4e190af","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] - New India Assurance Company Ltd is India's largest non-life insurance company. - It is a debt-free company - The company’s market capitalization is Rs. 19,117 crores - The stock is currently trading at Rs. 115.60 Check the Share Price

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[{"selector":"#anim-29f84b9e-570b-43c9-a809-4eae21869587","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d71a64e-c2f3-44bf-8c3a-f82139a941e7","keyframes":{"transform":["translate3d(0px, 403.05570%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Check out more 5paisa webstories More Webstories