5 Stocks That Are Lighting People's Diwali For A Decade

Fiscal Year Concludes

Despite global geopolitical tensions, concerns about inflation, and unexpectedly prolonged high-interest rates, the Sensex is concluding the fiscal year 2023 with an approximately 8.5% increase.

A Decade Of Returns

Over the past decade, BSE Bankex, BSE Energy, and BSE FMCG have shown positive returns in nine instances.

Britannia Industries

The Good Day biscuit sellers shares have, on average, yielded a 29% return over the past 10 years. In 2023, the stock has seen a 21% increase. Among the years 2015 stood out as the most favorable for the FMCG stock, experiencing a significant surge of 110%.

Hindustan Foods

Hindustan Foods, a contract manufacturer in the FMCG and consumer goods sector, recently disclosed intentions to invest Rs 100 crore in the production of sports shoes. Over the past decade, the companys shares have shown an average rally of approximately 74%.

Nestle India

Nestle, a prominent FMCG player recognized for its Maggi instant noodles, has recorded an average gain of more than 16% over the past 10 years. Nestle has disclosed a stock split at a ratio of 1:10.

Trent

The Tata Group company, known for successful ventures like Westside and Zudio, along with a joint venture with Zara, has experienced a 56% rally in 2023. Renowned fund manager Saurabh Mukherjea from Dalal Street recently included this retailer in his Consistent Compounders Portfolio.

Ratnamani Metals & Tubes

The midcap stock, exhibiting multibagger potential, has delivered an impressive average return of 54% over the past 10 years. In the September quarter, the company reported robust revenue growth, surging by 26% YoY.