{"id":327212,"date":"2026-10-26T17:12:08","date_gmt":"2026-10-26T11:42:08","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=327212"},"modified":"2026-10-26T17:12:08","modified_gmt":"2026-10-26T11:42:08","slug":"largecap-government-capex-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/largecap-government-capex-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Largecap Government Capex Stocks to Watch for Future Multibagger Potential: L&T, UltraTech Cement, NTPC and BHEL"},"content":{"rendered":"

L&T Rs 3,647. UltraTech Cement Rs 11,050. NTPC Rs 298. BHEL Rs 387.50. Market caps from Rs 1.47 lakh crore to Rs 5.01 lakh crore. Data as of 23 Oct 2026.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

L&T, UltraTech Cement, NTPC and BHEL are the 4 picks in this government capex stocks watchlist, with market caps between Rs 1.47 lakh crore and Rs 5.01 lakh crore. L&T stands out for the largest market cap at Rs 5,01,471 crore, while UltraTech Cement offers 16.15% revenue growth in FY26. PE ratios run from 10.59 to 51.06, so compare each one with its industry PE before investing. All figures are as of 23 October 2026.<\/p>\n<\/p><\/div>\n

Government capex stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. L&T, UltraTech Cement, NTPC and BHEL meet that test, with market caps from Rs 1.47 lakh crore to Rs 5.01 lakh crore and L&T offering the largest market cap at Rs 5,01,471 crore. Each of these companies has a return on equity of at least 10 per cent and net profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.<\/p>\n

This list covers companies with a return on equity of at least 10 per cent and net profit growth in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening government capex stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 23 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n