Three Large-Cap Indian Stocks to Watch Long Term

The article discusses three large Indian companies that may interest people investing for many years.

They are LIC, HDFC Bank and Canara Bank.

The author says large company shares have recently performed worse than many smaller company shares.

LIC is described as a leading insurance company whose profits and premium income increased.

HDFC Bank is a large private bank that is trying to gain more deposits and benefit from its merger with HDFC Ltd.

Canara Bank is a public-sector bank whose income, profits and asset quality improved in the reported quarter.

The article compares the companies’ prices with those of similar businesses.

It also warns that no large company is risk-free and that past performance does not guarantee future returns.

Investors are told to consider their goals, risk tolerance and investment period before buying shares.