In this comprehensive blog, we will know about the list of the best foreign MNC stocks on the Indian Stock Exchanges. Over 5,000 companies are publicly listed on BSE & NSE, the two main stock exchanges in India.
But, not all of these listed companies are Indian corporations or primarily of Indian origin. There are many foreign MNCs that have gone public in India and gained money from the Indian stock exchanges.
Before knowing about such companies, let us know about MNCs.
Table of Contents
What are MNCs?
Multinational corporations (MNCs) are those companies that work in many different countries at the same time. A multinational corporation has functioning and liability in at least more than one country.
The MNCs operate in three different models which are
- Centralized model: In a centralised model, the company works through one central head office in its home country and then builds its manufacturing facilities in other countries where it is operating. The centralized model helps MNCs to avoid excise and other taxes associated with imports. This model helps to take full advantage of lower manufacturing prices.
- Regional model: In a regional model, the MNC holds on to its head office in one country which manages its other branch and offices located in other countries. All the branches and affiliates of the MNC report to its head office.
- Multinational model: In a multinational or transnational model, the parent company works separately in its home country and its branches and affiliates which are in other countries also operate separately. A multinational or transnational model is a combination of the above two models.
MNCs are those companies in which the foreign shareholding is over 50% and the management control is placed in the foreign company.
MNC stocks are well known for their good reputation, strong ancestry, strong technical expertise and capital-light business models. MNC companies are agile and have low debt exposures and fair dividend policies. They are present in major sectors of the Indian economy.
They have taken part in a vital role in the evolution of the economy by bringing in the best technologies and expertise.
Foreign MNC Stocks – Benefits of Investing
The foreign MNCs listed in India work from developed countries that function as their international head. These MNCs have access to the best technology, a firm business model, network benefits, a skilful management team, and high financial plans.
They also have good experience running a company effortlessly and growing their value and brand as they have been in the business for a longer time.
Considering all the factors, Foreign MNC Stocks listed on the Indian Stock Exchanges can be a good investment option for investors who wish to invest in international brands with dependable conducting history.
Best Foreign MNC Stocks listed in Indian Stock Exchanges
Here is the list of the Best MNC Stocks listed on Indian Stock Exchanges along with their Industry, Market cap (in Rs Cr), and their current price as of 30-06-2022.
Company | Market Cap (Rs Cr) | Industry | Current Price as of 30-06-2022(Rs) | |
---|---|---|---|---|
1 | Hindustan Unilever Ltd. | 5,23,011 | Household & Personal Products | 2,231 |
2 | Maruti Suzuki India Ltd. | 2,55,927 | Automobiles – Passenger Cars | 8,471 |
3 | Nestle India Ltd. | 168,441 | Consumer Food | 17,470 |
4 | Colgate-Palmolive (India) Ltd. | 40,359 | Household & Personal Products | 1,487 |
5 | Procter & Gamble Hygiene & Health Care Ltd. | 43,305 | Household & Personal Products | 13,369 |
6 | Bosch Ltd. | 44,900 | Auto Ancillary | 15,230 |
7 | ABB India Ltd. | 48,696 | Electric Equipment | 2,301 |
8 | Honeywell Automation India Ltd. | 29,873 | Consumer Durables – Electronics | 33,788 |
9 | Abbott India Ltd. | 39,926 | Pharmaceuticals & Drugs | 18,760 |
10 | Oracle Financial Services Software Ltd. | 26,729 | IT – Software | 3,098 |
11 | Bata India Ltd. | 21,461 | Retailing | 1,669 |
12 | Gillette India Ltd. | 16,235 | Household & Personal Products | 4,998 |
13 | Castrol India Ltd. | 10,208 | Lubricants | 103 |
14 | AstraZeneca Pharma India Ltd. | 6,772 | Pharmaceuticals & Drugs | 2,705 |
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