Top 10 best PSE stocks for SIP; don't miss this!

If you had SIP of Rs 1000 in this stock would have grown to Rs 3,23,351. in 5 years.

The stock market landscape reflects a dynamic interplay of company performance, investor sentiment, and broader economic trends. Examining the performance of ten prominent Indian stocks over the past five years provides valuable insights into their growth trajectories and potential.

We have identified the top 10 potential PSE stocks that have grown immensely and the Systematic Investment Planning in those could be game-changing for your investment. We have given historical returns and the SIP value worth today if you have invested Rs 1000 in those PSE stocks

Bharat Electronics Ltd (BEL): Currently trading at Rs 188.2, BEL has seen fluctuations from its 52-week high of Rs 195.5 to its low of Rs 89.65. With a market capitalization of Rs 137,532.17 crore, BEL demonstrates resilience despite market challenges, reflecting its strong position in the defence electronics sector.

With a a substantial CAGR of 49.68% over the past 5 years, Bharat Electronics Ltd has shown remarkable growth potential. An SIP of Rs 1000 invested in this stock would have grown to an impressive Rs 2,61,702.30.

Bharat Heavy Electricals Ltd (BHEL): BHEL's current price stands at Rs 226.35, with a considerable difference between its 52-week high of Rs 243.25 and low of Rs 66.3. With a market cap of Rs 78,833.9 crore, the company navigates through the volatility, showcasing its role as a key player in India's power and infrastructure sectors.

Bharat Heavy Electricals Ltd has demonstrated a CAGR of 28.88% in last 5 years, making it a moderate performer. A SIP of Rs 1000 in this stock would have yielded Rs 1,34,720.11.

Container Corporation of India Ltd (CONCOR): Trading at Rs 982, CONCOR's 52-week range spans from Rs 985.45 to Rs 555. Its market cap of Rs 59,832.7 crore signifies its significance in India's logistics and transportation industry, demonstrating stability despite market fluctuations.

Container Corporation of India Ltd has shown steady growth with a CAGR of 15.60% in last 5 years. A SIP of Rs 1000 would have amounted to Rs 91,216.44 today.

Gail (India) Ltd (GAIL): GAIL is currently priced at Rs 184.15, with its 52-week high and low standing at Rs 186.5 and Rs 93.15 respectively. With a market cap of Rs 121,080.41 crore, GAIL's presence across the natural gas value chain showcases its resilience in the energy sector.

With a CAGR of 10.96% in last 5 years, Gail (India) Ltd.’s growth has been relatively slow. A SIP of Rs 1000 in this stock would have grown to Rs 80,150.61.

Hindustan Aeronautics Ltd (HAL): HAL's current price is Rs 3,049.9, with a wide 52-week range between Rs 3,132 and Rs 1,237.55. Its market cap of Rs 203,976.41 crore reflects its dominance in India's aerospace and defense industry, illustrating robust performance amid market dynamics.

With an impressive CAGR of 55.96% in last 5 years, stock price has shown exceptional growth potential. A SIP of Rs 1000 in this stock would have grown to Rs 3,23,351.70.

Indian Railway Catering and Tourism Corporation Ltd (IRCTC): Trading at Rs 939.9, IRCTC's 52-week high and low are Rs 1,049 and Rs 557.1 respectively. With a market cap of Rs 75,184 crore, IRCTC maintains resilience, leveraging its strong position in railway catering and tourism services.

This stock has shown a strong CAGR of 43.24% in last 5 years, indicating significant growth potential. A SIP of Rs 1000 would have amounted to Rs 2,11,759.88 today.

NMDC Ltd: NMDC's current price stands at Rs 245.5, with a 52-week high of Rs 252.4 and a low of Rs 103.75. With a market cap of Rs 71,946.35 crore, NMDC's focus on iron ore mining underscores its stability in the mining sector despite market fluctuations.

With a CAGR of 26.99% in last 5 years, NMDC Ltd has demonstrated moderate growth. A SIP of Rs 1000 in this stock would have yielded Rs 1,27,194.94.

Power Finance Corporation Ltd (PFC): PFC is currently priced at Rs 430.7, with a 52-week high of Rs 477.8 and a low of Rs 111.92. Its market cap of Rs 142,135.35 crore reflects its significance in financing power projects, demonstrating resilience amidst market volatilities.

Power Finance Corporation Ltd has shown robust growth with a CAGR of 37.09% in last 5 years. A SIP of Rs 1000 in this stock would have grown to Rs 1,73,826.11.

Power Grid Corporation of India Ltd (POWERGRID): Trading at Rs 277.05, POWERGRID's 52-week high and low are Rs 289.4 and Rs 159.3 respectively. With a market cap of Rs 257,531.48 crore, POWERGRID's role in India's power transmission sector remains pivotal, showcasing stability in uncertain market conditions.

With a CAGR of 22.05% in last 5 years, Power Grid Corporation of India Ltd has shown steady growth. A SIP of Rs 1000 in this stock would have grown to Rs 1,09,828.09.

REC Limited (RECLTD): RECLTD's current price is Rs 474.25, with a 52-week high of Rs 524 and a low of Rs 110.75. With a market cap of Rs 124,880.65 crore, RECLTD's focus on financing renewable energy projects highlights its resilience in the evolving energy landscape.

REC Limited, has shown strong growth with a CAGR of 36.56% in last 5 years. A SIP of Rs 1000 in this stock would have amounted to Rs 1,70,951.77 today.

Disclaimer: The article is for informational purposes only and not investment advice.