Despite the economic downturn, these consumer staples stocks surged up to 450 per cent! Do you own them?

Despite the economic downturn, these consumer staples stocks surged up to 450 per cent! Do you own them?

Mandar Wagh
/ Categories: Trending, Multibaggers

BSE Fast Moving Consumer Goods (FMCG) sector attracted investors by outperforming markets and gaining over 17 per cent on year-to-date basis.

In October 2021, the Indian domestic indices i.e. Sensex and Nifty 50 reached all-time high levels after surpassing their respective values of 62,200 & 18,600. Thereafter, the indices entered into a prolonged downward trend and never returned to their previous levels.  

The year 2022 witnessed a war between Russia and Ukraine, as well as numerous geopolitical tensions and inflation data that raised concerns about a possible recession.  

On a year-to-date basis, the benchmark indices BSE Sensex and Nifty 50 both declined nearly 3 per cent. While sectors like BSE Metals and BSE Realty witnessed steep declines and BSE Teck plunged over 20 per cent, BSE Fast Moving Consumer Goods (FMCG) sector attracted investors by outperforming markets and gaining over 17 per cent on year-to-date basis. 

The majority of consumer staples are daily necessities like food and beverages. These are defensive stocks that frequently offer consistent returns even when the economy is struggling. 

Here is a list of the best-performing consumer staples stocks, whose incredible returns have caught the eye of investors: 

Company Name  Latest Market Cap (Rs crore) YTD Returns (%)
Sampre Nutritions  87.77 450.15
Kore Foods  18.07 401.94
Megastar Foods  200.07 257.14
Ovobel Foods  110.26 250
Vadilal Industries  1804.9 155.08
Sheetal Cool Products  543.64 84.58
Varun Beverages  67812.98 78.1
Super Bakers  4.52 60.06
Uniroyal Marine Exports 12.76 58.87
LT Foods  3715 54.25
Previous Article Sterlite Tech unveils 5G cosmos to help Indian telcos fiberise their networks for 5G!
Next Article Back-to-back upper circuits: This multibagger stock delivered 1,874 per cent returns in just two years!
Rate this article:
4.1

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR