FMCG Stocks to Bank On
FMCG Stocks to Buy
1. ITC Limited
ITC Limited has evolved into a powerhouse with a diverse portfolio ranging from biscuits to incense sticks, hotels to paperboards, and everything in between. If you’re enjoying a cup of aromatic tea with a trusty biscuit, chances are both have ITC’s touch.
In 2022, ITC Ltd’s stocks delivered a staggering annual return of 52.05%.
Source: Value Research
2. Tata Consumer Products Ltd
You reach for your favorite tea bag or coffee jar in the morning, and there it is, a trusty companion in your daily caffeine ritual. What you might not know is that Tata Consumer Products is the mastermind behind those moments of bliss. They've become the unsung heroes of our daily routines, with a knack for crafting beverages that tickle our taste buds and bring warmth to our mornings and daily lives.
From Tetley's comforting tea bags to the aroma of Tata Coffee Grand, they've mastered the art of turning ordinary moments into extraordinary experiences. Though annual returns from Tata Consumer Product Ltd stocks stood at a muted 3.16% in 2022, they have the potential to bounce back in the coming days.
Source: Value Research
3. Jubliant FoodWorks Ltd
Imagine this - You're craving a cheesy slice of heaven, and voila! Jubilant Foodworks is there to make your pizza dreams come true. With a sprinkle of innovation and a dash of customer satisfaction, they've mastered the art of delivering pizzas and pure joy. Headquartered in India, this company is the powerhouse behind the famous Domino's Pizza brand.
Though annual returns from the company's stock were in negative territory in 2022, we expect it to bounce back strongly in the coming years.
Source: Value Research
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