Romanian Telecom Defensive Blue Chips

Elia Group

Market Cap: €11.5b

Develops and operates as a transmission system operator in Belgium and Germany.

GAIL (India)

Market Cap: ₹1.2t

Operates as a natural gas processing and distribution company in India and internationally.

Universal Health Services

Market Cap: US$13.4b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Bankinter

Market Cap: €11.5b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Banco Comercial Português

Market Cap: €11.5b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

National Bank of Greece

Market Cap: €11.5b

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom.

NMBZ Holdings

Market Cap: US$1.7b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

GD Power DevelopmentLtd

Market Cap: CN¥94.7b

Operates as a power generation company in China.

Admiral Group

Market Cap: UK£10.0b

A financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States.

Helvetia Holding

Market Cap: CHF 10.6b

Engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

Samsung Fire & Marine Insurance

Market Cap: ₩18.9t

Provides non-life insurance products and services in South Korea, China, Indonesia, Vietnam, Singapore, the United States, and the United Kingdom.

ACM Research (Shanghai)

Market Cap: CN¥93.5b

Engages in the research, development, production, and sale of semiconductor equipment in China.

Brown-Forman

Market Cap: US$13.2b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Kasikornbank

Market Cap: ฿427.7b

Provides commercial banking products and services in Thailand and internationally.

Lasertec

Market Cap: JP¥2.0t

Engages in the designing, manufacturing, and sale of inspection and measurement equipment in Japan and internationally.

Tata Consumer Products

Market Cap: ₹1.2t

Produces, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

Hormel Foods

Market Cap: US$13.1b

Develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally.

Woori Financial Group

Market Cap: ₩18.8t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Max Healthcare Institute

Market Cap: ₹1.2t

Provides medical and healthcare services in India.

Mashreqbank PSC

Market Cap: د.إ47.8b

Provides various banking and financial services to individuals and corporates.

VeriSilicon Microelectronics (Shanghai)

Market Cap: CN¥92.2b

Provides platform-based custom silicon and semiconductor IP licensing services in China and internationally.

James Hardie Industries

Market Cap: AU$19.8b

Engages in the manufacture and sale of fiber cement, fiber gypsum, and cement bonded boards in the United States, Australia, Europe, and New Zealand.

Unum Group

Market Cap: US$13.0b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Almarai

Market Cap: ر.س48.5b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Arab National Bank

Market Cap: ر.س48.5b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Turkiye Garanti Bankasi

Market Cap: ₺541.0b

Provides various banking products and services in Turkey.

Telecom Italia

Market Cap: €11.1b

Engages in the fixed and mobile telecommunications services in Italy and internationally.

ageas

Market Cap: €11.1b

Engages in insurance business.

Adani Energy Solutions

Market Cap: ₹1.1t

Generates, transmits, and distributes power in India.

CP ALL

Market Cap: ฿416.8b

Operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internatinally.

Apollo Hospitals Enterprise

Market Cap: ₹1.1t

Provides healthcare services in India.

Encompass Health

Market Cap: US$12.7b

Provides post-acute healthcare services in the United States and Puerto Rico.

Indian Bank

Market Cap: ₹1.1t

Provides various banking products and services.

Rigetti Computing

Market Cap: US$12.6b

Through its subsidiaries, builds quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 54.9b

Produces and supplies hydro, wind, and energy electricity in Romania.