4 Largecap Stocks With Market Cap of Rs 1-2 Lakh Crore to Watch for Future Multibagger Potential: Grasim, Eicher Motors, TVS Motor and Torrent Pharma
- October 22, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Grasim Rs 2,889.10. Eicher Motors Rs 7,170.50. TVS Motor Rs 3,992.60. Torrent Pharma Rs 4,553.80. Market caps from Rs 1.75 lakh crore to Rs 1.98 lakh crore. Data as of 21 Oct 2026.
Quick Answer
Grasim, Eicher Motors, TVS Motor and Torrent Pharma are the 4 picks in this stocks with market cap of Rs 1-2 lakh crore watchlist, with market caps between Rs 1.75 lakh crore and Rs 1.98 lakh crore. Grasim stands out for the lowest PE of the group at 17.54, while Eicher Motors offers a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.02. PE ratios run from 17.54 to 81.26, so compare each one with its industry PE before investing. All figures are as of 21 October 2026.
Stocks with market cap of Rs 1-2 lakh crore to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Grasim, Eicher Motors, TVS Motor and Torrent Pharma meet that test, with market caps from Rs 1.75 lakh crore to Rs 1.98 lakh crore and Grasim offering the lowest PE of the group at 17.54. Each of these companies has a market capitalisation between Rs 1,00,000 crore and Rs 2,00,000 crore, and net profit rose in FY26 and in the latest quarter.
This list covers companies with a market capitalisation between Rs 1,00,000 crore and Rs 2,00,000 crore, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening stocks with market cap of Rs 1-2 lakh crore usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 21 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Stocks With Market Cap of Rs 1-2 Lakh Crore and Why Do They Attract Multibagger Interest?
Stocks with market cap of Rs 1-2 lakh crore are shares at the lower end of the largecap range, where companies are big enough to be stable and still have room to grow. The four here cover cement and chemicals, motorcycles, two-wheelers and pharmaceuticals.
Companies in this range are often the next to move up the market cap ranking. For stocks with market cap of Rs 1-2 lakh crore, rising profit adds to the case. Whichever way you read stocks with market cap of Rs 1-2 lakh crore, the common thread is rising profit backed by complete financial data. With stocks with market cap of Rs 1-2 lakh crore, comparing valuation, growth and balance sheet strength together works better than relying on one number. Every company in the table below passed a rising-profit check, and the figures for stocks with market cap of Rs 1-2 lakh crore are complete. Read each company’s latest results and exchange filings before acting on stocks with market cap of Rs 1-2 lakh crore.
Stocks With Market Cap of Rs 1-2 Lakh Crore at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 21 October 2026. Grasim has the lowest PE of the group at 17.54, while TVS Motor posts the highest return on equity at 31.56%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Grasim Industries | 2,889.10 | 1,97,563 | 17.54 | 30.91 | 4.80% | 1.90 | 2,502.50 to 3,411.10 |
| Eicher Motors | 7,170.50 | 1,94,090 | 33.62 | 23.82 | 21.97% | 7.73 | 6,442.00 to 8,230.00 |
| TVS Motor Company | 3,992.60 | 1,91,289 | 53.12 | 23.62 | 31.56% | 19.94 | 3,228.00 to 4,484.50 |
| Torrent Pharmaceuticals | 4,553.80 | 1,75,196 | 81.26 | 36.42 | 25.49% | 20.83 | 3,480.60 to 5,250.00 |
Grasim: Quarterly Profit Up 38.82%
Grasim Industries is an Aditya Birla Group company with businesses in viscose fibre, chemicals and paints, and a major stake in UltraTech Cement. It reported FY26 revenue of Rs 1,76,610.86 crore, up 17.79% year on year, and net profit of Rs 10,300.29 crore, up 32.80%. Revenue has compounded at 16.30% a year since FY22. Operating margin was 21.29% in FY26.
In the June 2026 quarter, revenue rose 21.16% to Rs 49,021.35 crore and net profit grew 38.82% to Rs 3,846.28 crore. The share price has gained 66.94% over five years. Foreign investors raised their holding from 15.94% in June 2025 to 17.17% in June 2026. The stock trades at a PE of 17.54 against an industry PE of 30.91, below the sector average.
Eicher Motors: 34.67% Profit CAGR Since FY22
Eicher Motors owns the Royal Enfield brand of premium motorcycles and is a partner in the Eicher commercial vehicle business. It reported FY26 revenue of Rs 24,894.09 crore, up 23.39% year on year, and net profit of Rs 5,515.23 crore, up 16.49%. Net profit has compounded at 34.67% a year since FY22, while revenue has grown 23.39% a year. Operating margin was 34.24% in FY26. The debt-to-equity ratio is 0.02, which keeps interest costs low.
The stock trades at a PE of 33.62 against an industry PE of 23.82, with a return on equity of 21.97%. In the June 2026 quarter, revenue rose 29.35% to Rs 7,098.73 crore and net profit grew 21.35% to Rs 1,462.51 crore. The share price has gained 174.76% over five years.
TVS Motor: 44.50% Profit CAGR Since FY22
TVS Motor Company makes motorcycles, scooters, mopeds and electric two-wheelers, with a growing export business. It reported FY26 revenue of Rs 56,091.53 crore, up 27.02% year on year, and net profit of Rs 3,186.43 crore, up 35.60%. Net profit has compounded at 44.50% a year since FY22, while revenue has grown 23.15% a year. Operating margin was 14.85% in FY26.
In the June 2026 quarter, revenue rose 34.32% to Rs 16,453.72 crore and net profit grew 64.52% to Rs 1,057.61 crore. The share price has gained 598.75% over five years and 14.49% over the past year. Domestic institutions raised their holding from 18.81% in June 2025 to 21.13% in June 2026. The stock trades at a PE of 53.12 against an industry PE of 23.62, with a return on equity of 31.56%.
Torrent Pharma: 28.79% Profit CAGR Since FY22
Torrent Pharmaceuticals makes branded medicines for chronic therapies such as cardiac, gastro-intestinal and central nervous system care in India and overseas. It reported FY26 revenue of Rs 13,886.15 crore, up 20.34% year on year, and net profit of Rs 2,138.18 crore, up 11.87%. Net profit has compounded at 28.79% a year since FY22, while revenue has grown 12.38% a year. Operating margin was 22.70% in FY26.
The stock trades at a PE of 81.26 against an industry PE of 36.42, with a return on equity of 25.49%. In the June 2026 quarter, revenue rose 56.29% to Rs 4,909 crore and net profit grew 3.28% to Rs 566 crore. The share price has gained 194.63% over five years and 29.72% over the past year. Domestic institutions raised their holding from 9.28% in September 2025 to 12.87% in July 2026.
Stocks With Market Cap of Rs 1-2 Lakh Crore: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with market cap of Rs 1-2 lakh crore. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Revenue (Rs Cr) | Net Profit (Rs Cr) | Revenue Growth (YoY) | 4-Year Revenue CAGR | Latest Quarter Revenue Growth | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Grasim | 1,76,610.86 | 10,300.29 | 17.79% | 16.30% | 21.16% | 23.54% |
| Eicher Motors | 24,894.09 | 5,515.23 | 23.39% | 23.39% | 29.35% | 34.28% |
| TVS Motor | 56,091.53 | 3,186.43 | 27.02% | 23.15% | 34.32% | 15.35% |
| Torrent Pharma | 13,886.15 | 2,138.18 | 20.34% | 12.38% | 56.29% | 33.73% |
Check the Univest Screener for live data on these stocks with market cap of Rs 1-2 lakh crore
Institutional Holding in Grasim, Eicher Motors, TVS Motor and Torrent Pharma
Institutional holding shows who is backing these stocks with market cap of Rs 1-2 lakh crore alongside the promoter. The table uses the latest reported quarter for each. Eicher Motors has the deepest institutional backing, with FII and DII together holding 41.59% as of June 2026. Domestic institutions increased their holding over the past year in TVS Motor (from 18.81% to 21.13%) and Torrent Pharma (from 9.28% to 12.87%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Grasim | 43.74% | 17.17% | 16.13% | 22.97% | June 2026 |
| Eicher Motors | 49.02% | 25.53% | 16.06% | 9.40% | June 2026 |
| TVS Motor | 50.27% | 20.45% | 21.13% | 8.15% | June 2026 |
| Torrent Pharma | 60.78% | 17.97% | 12.87% | 8.38% | July 2026 |
Risks to Weigh in Stocks With Market Cap of Rs 1-2 Lakh Crore
Being careful with stocks with market cap of Rs 1-2 lakh crore means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Past growth may not repeat.
- Share prices can move sharply in either direction.
- Valuation: TVS Motor trades at a PE of 53.12 against an industry PE of 23.62, so earnings need to keep growing to support the price.
- Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.
How to Choose Between Stocks With Market Cap of Rs 1-2 Lakh Crore
Picking from stocks with market cap of Rs 1-2 lakh crore comes down to four checks, applied in order.
- Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
- Compare each PE with the industry PE (23.62 to 36.42) and ask whether the growth rate justifies any gap.
- Track net profit growth, the operating margin and the return on equity in every quarterly result.
- Stagger entries across quarters and review institutional holding every reporting season.
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Conclusion
Among stocks with market cap of Rs 1-2 lakh crore, Grasim stands out for the lowest PE of the group at 17.54, Eicher Motors for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.02, TVS Motor for the highest return on equity at 31.56% and Torrent Pharma for 20.34% revenue growth in FY26. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing stocks with market cap of Rs 1-2 lakh crore should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Stocks With Market Cap of Rs 1-2 Lakh Crore to Watch
Which are the best stocks with market cap of Rs 1-2 lakh crore to watch for multibagger potential?
Ans. Grasim, Eicher Motors, TVS Motor and Torrent Pharma are the 4 names this list highlights, with market caps of Rs 1,97,563 crore, Rs 1,94,090 crore, Rs 1,91,289 crore and Rs 1,75,196 crore respectively. Grasim is notable for the lowest PE of the group at 17.54. Eicher Motors stands out for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.02. TVS Motor offers the highest return on equity at 31.56%. Torrent Pharma brings 20.34% revenue growth in FY26. These are watchlist names for stocks with market cap of Rs 1-2 lakh crore, not recommendations, so match each one to your own risk profile and time horizon.
Is TVS Motor a good stock for long-term investors?
Ans. TVS Motor has a return on equity of 31.56%, a PE of 53.12 against an industry PE of 23.62 and a market cap of Rs 1,91,289 crore. Net profit has compounded at 44.50% a year since FY22, and FY26 revenue rose 27.02% while June 2026 quarter net profit grew 64.52%. Long-term returns in stocks with market cap of Rs 1-2 lakh crore depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Eicher Motors become a multibagger from here?
Ans. Eicher Motors has already gained 174.76% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with market cap of Rs 1-2 lakh crore requires earnings to keep growing faster than the market for several years. Net profit has compounded at 34.67% a year since FY22, and FY26 revenue rose 23.39%. At a PE of 33.62 against an industry PE of 23.82, valuation should be checked against that growth before investing.
What is the market cap of Grasim, Eicher Motors, TVS Motor and Torrent Pharma?
Ans. As of 21 October 2026, Grasim has a market cap of Rs 1,97,563 crore, Eicher Motors has a market cap of Rs 1,94,090 crore, TVS Motor has a market cap of Rs 1,91,289 crore and Torrent Pharma has a market cap of Rs 1,75,196 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on stocks with market cap of Rs 1-2 lakh crore.
What are the risks of investing in stocks with market cap of Rs 1-2 lakh crore?
Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. TVS Motor trades at a PE of 53.12 against an industry PE of 23.62, so earnings growth needs to hold up.
Why is TVS Motor trading at a PE of 53.12?
Ans. TVS Motor’s PE of 53.12 compares with an industry PE of 23.62. The market is paying a premium for a return on equity of 31.56%, profit growth of 44.50% a year since FY22 and latest-quarter profit growth of 64.52%, which also means the stock is more sensitive if growth slows. Investors in stocks with market cap of Rs 1-2 lakh crore who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Grasim, Eicher Motors, TVS Motor and Torrent Pharma?
Ans. As of the latest reported quarter, FII and DII together hold 33.30% of Grasim (17.17% and 16.13%), 41.59% of Eicher Motors (25.53% and 16.06%), 41.58% of TVS Motor (20.45% and 21.13%) and 30.84% of Torrent Pharma (17.97% and 12.87%). Rising institutional holding is a useful signal in stocks with market cap of Rs 1-2 lakh crore, though it should be read with earnings trends rather than on its own.
