{"id":316229,"date":"2026-10-19T12:03:36","date_gmt":"2026-10-19T06:33:36","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=316229"},"modified":"2026-10-19T12:03:36","modified_gmt":"2026-10-19T06:33:36","slug":"largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/","title":{"rendered":"3 Largecap Stocks Valued Between Rs 2 and Rs 3 Lakh Crore to Watch for Future Multibagger Potential: Bajaj Auto, Hindustan Zinc and Tata Steel"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Bajaj Auto Rs 10,405. Hindustan Zinc Rs 540. Tata Steel Rs 175.50. Market caps from Rs 2.20 lakh crore to Rs 2.81 lakh crore. Data as of 16 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Bajaj Auto, Hindustan Zinc and Tata Steel are the 3 picks in this stocks valued between Rs 2 and Rs 3 lakh crore watchlist, with market caps between Rs 2.20 lakh crore and Rs 2.81 lakh crore. Bajaj Auto stands out for the fastest profit growth, 14.44% a year since FY22, while Hindustan Zinc offers the highest return on equity at 61.13%. PE ratios run from 13.12 to 24.36, so compare each one with its industry PE before investing. All figures are as of 16 October 2026.<\/p>\n<\/p><\/div>\n<p>Stocks valued between Rs 2 and Rs 3 lakh crore to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Bajaj Auto, Hindustan Zinc and Tata Steel meet that test, with market caps from Rs 2.20 lakh crore to Rs 2.81 lakh crore and Bajaj Auto offering the fastest profit growth, 14.44% a year since FY22. Companies worth Rs 2 lakh crore to Rs 3 lakh crore are established leaders that are still small enough to keep growing.<\/p>\n<p>This list covers companies with a market cap between Rs 2 lakh crore and Rs 3 lakh crore, rising profit and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening stocks valued between Rs 2 and Rs 3 lakh crore usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 16 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=stocks-valued-between-rs-and-rs-lakh-crore\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#What_Are_Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Stocks Valued Between Rs 2 and Rs 3 Lakh Crore and Why Do They Attract Multibagger Interest?\">What Are Stocks Valued Between Rs 2 and Rs 3 Lakh Crore and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Stocks Valued Between Rs 2 and Rs 3 Lakh Crore at a Glance: Price, Market Cap, PE and ROE\">Stocks Valued Between Rs 2 and Rs 3 Lakh Crore at a Glance: Price, Market Cap, PE and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Bajaj_Auto_Revenue_Up_2405_in_FY26\" title=\"Bajaj Auto: Revenue Up 24.05% in FY26\">Bajaj Auto: Revenue Up 24.05% in FY26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Hindustan_Zinc_Return_on_Equity_of_6113\" title=\"Hindustan Zinc: Return on Equity of 61.13%\">Hindustan Zinc: Return on Equity of 61.13%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Tata_Steel_Market_Cap_of_Rs_220272_Crore\" title=\"Tata Steel: Market Cap of Rs 2,20,272 Crore\">Tata Steel: Market Cap of Rs 2,20,272 Crore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore_Financial_Comparison_on_Growth_and_Margins\" title=\"Stocks Valued Between Rs 2 and Rs 3 Lakh Crore: Financial Comparison on Growth and Margins\">Stocks Valued Between Rs 2 and Rs 3 Lakh Crore: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Institutional_Holding_in_Bajaj_Auto_Hindustan_Zinc_and_Tata_Steel\" title=\"Institutional Holding in Bajaj Auto, Hindustan Zinc and Tata Steel\">Institutional Holding in Bajaj Auto, Hindustan Zinc and Tata Steel<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore\" title=\"Risks to Weigh in Stocks Valued Between Rs 2 and Rs 3 Lakh Crore\">Risks to Weigh in Stocks Valued Between Rs 2 and Rs 3 Lakh Crore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#How_to_Choose_Between_Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore\" title=\"How to Choose Between Stocks Valued Between Rs 2 and Rs 3 Lakh Crore\">How to Choose Between Stocks Valued Between Rs 2 and Rs 3 Lakh Crore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore_to_Watch\" title=\"Frequently Asked Questions on Stocks Valued Between Rs 2 and Rs 3 Lakh Crore to Watch\">Frequently Asked Questions on Stocks Valued Between Rs 2 and Rs 3 Lakh Crore to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Which_are_the_best_stocks_valued_between_Rs_2_and_Rs_3_lakh_crore_to_watch_for_multibagger_potential\" title=\"Which are the best stocks valued between Rs 2 and Rs 3 lakh crore to watch for multibagger potential?\">Which are the best stocks valued between Rs 2 and Rs 3 lakh crore to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Is_Hindustan_Zinc_a_good_stock_for_long-term_investors\" title=\"Is Hindustan Zinc a good stock for long-term investors?\">Is Hindustan Zinc a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Can_Bajaj_Auto_become_a_multibagger_from_here\" title=\"Can Bajaj Auto become a multibagger from here?\">Can Bajaj Auto become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#What_is_the_market_cap_of_Bajaj_Auto_Hindustan_Zinc_and_Tata_Steel\" title=\"What is the market cap of Bajaj Auto, Hindustan Zinc and Tata Steel?\">What is the market cap of Bajaj Auto, Hindustan Zinc and Tata Steel?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_stocks_valued_between_Rs_2_and_Rs_3_lakh_crore\" title=\"What are the risks of investing in stocks valued between Rs 2 and Rs 3 lakh crore?\">What are the risks of investing in stocks valued between Rs 2 and Rs 3 lakh crore?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#Is_Hindustan_Zinc_trading_below_its_industry_PE\" title=\"Is Hindustan Zinc trading below its industry PE?\">Is Hindustan Zinc trading below its industry PE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/largecap-stocks-valued-between-rs-2-and-rs-3-lakh-crore-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_Bajaj_Auto_Hindustan_Zinc_and_Tata_Steel\" title=\"How much do institutions hold in Bajaj Auto, Hindustan Zinc and Tata Steel?\">How much do institutions hold in Bajaj Auto, Hindustan Zinc and Tata Steel?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Stocks Valued Between Rs 2 and Rs 3 Lakh Crore and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Stocks valued between Rs 2 and Rs 3 lakh crore are shares of established leaders in the middle of the largecap range. They have the liquidity and track record that large funds need, along with enough scale to keep growing.<\/p>\n<p>Companies in this band are big enough to be stable and still in a position to grow faster than India&#8217;s very largest firms. Among stocks valued between Rs 2 and Rs 3 lakh crore, businesses with rising profit and strong returns are the ones investors compare in stocks valued between Rs 2 and Rs 3 lakh crore.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Stocks Valued Between Rs 2 and Rs 3 Lakh Crore at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are closing prices as of 16 October 2026. Hindustan Zinc combines the lowest PE of the group, 13.12, with the highest return on equity, 61.13%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/bajaj\/bajaj-auto-ltd-share-price-today\">Bajaj Auto<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10,405<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,81,374<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">24.36<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.82<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27.67%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.58<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8,605.00 to 12,470.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/hindzinc\/hindustan-zinc-ltd-share-price-today\">Hindustan Zinc<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">540<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,23,984<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.12<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">61.13%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.39<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">412.25 to 609.05<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/tatasteel\/tata-steel-ltd-share-price-today\">Tata Steel<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">175.50<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,20,272<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19.56<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22.42<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.56%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.90<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">160.06 to 224.40<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Bajaj_Auto_Revenue_Up_2405_in_FY26\"><\/span><strong>Bajaj Auto: Revenue Up 24.05% in FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bajaj Auto makes motorcycles, three-wheelers and electric two-wheelers, and has a large export business. It reported FY26 revenue of Rs 65,087.22 crore, up 24.05% year on year, and net profit of Rs 10,574.50 crore, up 44.37%. Net profit has compounded at 14.44% a year since FY22, while revenue has grown 17.26% a year. Operating margin was 25.06% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 64.02% to Rs 22,376.69 crore and net profit grew 44.26% to Rs 3,188.75 crore. The share price has gained 165.89% over five years and 13.76% over the past year. Domestic institutions raised their holding from 12.09% in June 2025 to 13.54% in June 2026. The stock trades at a PE of 24.36 against an industry PE of 23.82, with a return on equity of 27.67%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hindustan_Zinc_Return_on_Equity_of_6113\"><\/span><strong>Hindustan Zinc: Return on Equity of 61.13%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hindustan Zinc is among the world&#8217;s largest integrated zinc producers and also produces lead and silver. It reported FY26 revenue of Rs 41,934 crore, up 19.59% year on year, and net profit of Rs 13,832 crore, up 33.60%. Net profit has compounded at 9.48% a year since FY22, while revenue has grown 8.15% a year. Operating margin was 56.75% in FY26. The debt-to-equity ratio is 0.39.<\/p>\n<p>The stock trades at a PE of 13.12 against an industry PE of 12.27, with a return on equity of 61.13%. The dividend yield is 1.89%. In the June 2026 quarter, revenue rose 74.70% to Rs 14,063 crore and net profit grew 144.81% to Rs 5,469 crore. Foreign investors raised their holding from 1.31% in September 2025 to 2.36% in September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tata_Steel_Market_Cap_of_Rs_220272_Crore\"><\/span><strong>Tata Steel: Market Cap of Rs 2,20,272 Crore<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Tata Steel is one of the world&#8217;s major steel makers, with operations in India, the UK and the Netherlands. It reported FY26 revenue of Rs 2,33,541.72 crore, up 6.12% year on year, and net profit of Rs 10,885.82 crore, up 242.99%. Operating margin was 15.12% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 14.14% to Rs 61,026.97 crore and net profit grew 18.82% to Rs 2,385.24 crore. Domestic institutions raised their holding from 26.25% in June 2025 to 26.62% in June 2026. The stock trades at a PE of 19.56 against an industry PE of 22.42, below the sector average. The dividend yield is 2.27%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Stocks Valued Between Rs 2 and Rs 3 Lakh Crore: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these stocks valued between Rs 2 and Rs 3 lakh crore. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Latest Quarter Revenue Growth<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Bajaj Auto<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">65,087.22<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10,574.50<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">24.05%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">64.02%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">44.37%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">24.99%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Hindustan Zinc<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">41,934<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13,832<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19.59%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">74.70%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">33.60%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">64.19%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Tata Steel<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,33,541.72<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10,885.82<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.12%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.14%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">242.99%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.31%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these stocks valued between Rs 2 and Rs 3 lakh crore<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_Bajaj_Auto_Hindustan_Zinc_and_Tata_Steel\"><\/span><strong>Institutional Holding in Bajaj Auto, Hindustan Zinc and Tata Steel<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these stocks valued between Rs 2 and Rs 3 lakh crore alongside the promoter. The table uses the latest reported quarter for each. Tata Steel has the deepest institutional backing, with FII and DII together holding 45.99% as of June 2026. Domestic institutions increased their holding over the past year in Bajaj Auto (from 12.09% to 13.54%) and Tata Steel (from 26.25% to 26.62%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Bajaj Auto<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">55.01%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.01%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.54%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22.44%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Hindustan Zinc<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">60.71%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2.36%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.85%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">32.07%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Tata Steel<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">32.95%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19.37%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">26.62%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.06%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore\"><\/span><strong>Risks to Weigh in Stocks Valued Between Rs 2 and Rs 3 Lakh Crore<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with stocks valued between Rs 2 and Rs 3 lakh crore means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Market cap changes every day with the share price.<\/li>\n<li>Metal and auto earnings can be cyclical.<\/li>\n<li><strong>Valuation:<\/strong> Hindustan Zinc trades at a PE of 13.12 against an industry PE of 12.27, so earnings need to keep growing to support the price.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 3 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore\"><\/span><strong>How to Choose Between Stocks Valued Between Rs 2 and Rs 3 Lakh Crore<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from stocks valued between Rs 2 and Rs 3 lakh crore comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (12.27 to 23.82) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track quarterly profit growth, the return on equity and institutional holding in every result.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Bajaj Auto, Hindustan Zinc and Tata Steel live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among stocks valued between Rs 2 and Rs 3 lakh crore, Bajaj Auto stands out for the fastest profit growth, 14.44% a year since FY22, Hindustan Zinc for the highest return on equity at 61.13% and Tata Steel for 6.12% 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 valued between Rs 2 and Rs 3 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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Stocks_Valued_Between_Rs_2_and_Rs_3_Lakh_Crore_to_Watch\"><\/span><strong>Frequently Asked Questions on Stocks Valued Between Rs 2 and Rs 3 Lakh Crore to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_stocks_valued_between_Rs_2_and_Rs_3_lakh_crore_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best stocks valued between Rs 2 and Rs 3 lakh crore to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Auto, Hindustan Zinc and Tata Steel are the 3 names this list highlights, with market caps of Rs 2,81,374 crore, Rs 2,23,984 crore and Rs 2,20,272 crore respectively. Bajaj Auto is notable for the fastest profit growth, 14.44% a year since FY22. Hindustan Zinc stands out for the highest return on equity at 61.13%. Tata Steel offers 6.12% revenue growth in FY26. These are watchlist names for stocks valued between Rs 2 and Rs 3 lakh crore, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Hindustan_Zinc_a_good_stock_for_long-term_investors\"><\/span><strong>Is Hindustan Zinc a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hindustan Zinc has a return on equity of 61.13%, a PE of 13.12 against an industry PE of 12.27 and a market cap of Rs 2,23,984 crore. Net profit has compounded at 9.48% a year since FY22, and FY26 revenue rose 19.59% while June 2026 quarter net profit grew 144.81%. Long-term returns in stocks valued between Rs 2 and Rs 3 lakh crore depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Bajaj_Auto_become_a_multibagger_from_here\"><\/span><strong>Can Bajaj Auto become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bajaj Auto has already gained 165.89% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks valued between Rs 2 and Rs 3 lakh crore requires earnings to keep growing faster than the market for several years. Net profit has compounded at 14.44% a year since FY22, and FY26 revenue rose 24.05%. At a PE of 24.36 against an industry PE of 23.82, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Bajaj_Auto_Hindustan_Zinc_and_Tata_Steel\"><\/span><strong>What is the market cap of Bajaj Auto, Hindustan Zinc and Tata Steel?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 16 October 2026, Bajaj Auto has a market cap of Rs 2,81,374 crore, Hindustan Zinc has a market cap of Rs 2,23,984 crore and Tata Steel has a market cap of Rs 2,20,272 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 valued between Rs 2 and Rs 3 lakh crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_stocks_valued_between_Rs_2_and_Rs_3_lakh_crore\"><\/span><strong>What are the risks of investing in stocks valued between Rs 2 and Rs 3 lakh crore?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are cyclical earnings, commodity price swings and market swings. Companies with strong brands, low costs and steady cash flows handle these better. Hindustan Zinc trades at a PE of 13.12 against an industry PE of 12.27, so earnings growth needs to hold up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Hindustan_Zinc_trading_below_its_industry_PE\"><\/span><strong>Is Hindustan Zinc trading below its industry PE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hindustan Zinc trades at a PE of 13.12 against an industry PE of 12.27. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (net profit has compounded at 9.48% a year since FY22 and FY26 revenue rose 19.59%) and balance sheet strength before drawing a conclusion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_Bajaj_Auto_Hindustan_Zinc_and_Tata_Steel\"><\/span><strong>How much do institutions hold in Bajaj Auto, Hindustan Zinc and Tata Steel?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 22.55% of Bajaj Auto (9.01% and 13.54%), 7.21% of Hindustan Zinc (2.36% and 4.85%) and 45.99% of Tata Steel (19.37% and 26.62%). Rising institutional holding is a useful signal in stocks valued between Rs 2 and Rs 3 lakh crore, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best stocks valued between Rs 2 and Rs 3 lakh crore to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bajaj Auto, Hindustan Zinc and Tata Steel are the 3 names this list highlights, with market caps of Rs 2,81,374 crore, Rs 2,23,984 crore and Rs 2,20,272 crore respectively. Bajaj Auto is notable for the fastest profit growth, 14.44% a year since FY22. Hindustan Zinc stands out for the highest return on equity at 61.13%. Tata Steel offers 6.12% revenue growth in FY26. 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Long-term returns in stocks valued between Rs 2 and Rs 3 lakh crore depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.\"}},{\"@type\":\"Question\",\"name\":\"Can Bajaj Auto become a multibagger from here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bajaj Auto has already gained 165.89% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks valued between Rs 2 and Rs 3 lakh crore requires earnings to keep growing faster than the market for several years. Net profit has compounded at 14.44% a year since FY22, and FY26 revenue rose 24.05%. 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Companies with strong brands, low costs and steady cash flows handle these better. Hindustan Zinc trades at a PE of 13.12 against an industry PE of 12.27, so earnings growth needs to hold up.\"}},{\"@type\":\"Question\",\"name\":\"Is Hindustan Zinc trading below its industry PE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hindustan Zinc trades at a PE of 13.12 against an industry PE of 12.27. 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Rising institutional holding is a useful signal in stocks valued between Rs 2 and Rs 3 lakh crore, though it should be read with earnings trends rather than on its own.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>3 largecap stocks valued between Rs 2 and Rs 3 lakh crore compared on market cap, PE, ROE, growth and institutional holding: Bajaj Auto, Hindustan Zinc and Tata Steel.<\/p>\n","protected":false},"author":33,"featured_media":316227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[13242,13243],"class_list":["post-316229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-stocks-valued-between-rs-2-and-rs-3-lakh-crore","tag-stocks-valued-between-rs-2-and-rs-3-lakh-crore-sector"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["316227"],"rank_math_title":["Stocks Valued Between Rs 2 and Rs 3 Lakh Crore to Watch in 2026"],"rank_math_description":["Stocks valued between Rs 2 and Rs 3 lakh crore to watch for multibagger potential: Bajaj Auto, Hindustan Zinc and Tata Steel. 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