In the dynamic realm of the stock market, where volatility is the norm, the quest for investments that provide unwavering returns is ever-present. Enter the realm of consistent performer stocks – the unsung heroes that not only weather the storm but emerge stronger, delivering positive returns year after year. In this article, we’ll delve into the intricacies of these bulletproof stocks, examining their resilience amid market fluctuations and unveiling the top 7 consistent performers from the years 2019 to 2023.
Before we embark on our journey through the top performers, let’s understand what makes a stock a consistent performer. These stocks, also known as non-cyclical stocks, exhibit a remarkable ability to withstand the various phases of the stock market – be it expansion, peak, recession, or recovery. Unlike their counterparts, consistent performer stocks remain largely unaffected by the market’s cyclical nature, making them a reliable safeguard for your investment portfolio.
As seasoned investors are aware, the stock market is subject to continuous cycles of expansion and contraction. Most stocks experience the ripple effects of these market dynamics, but a select few stand tall as non-cyclical entities. These stocks not only weather the storms of economic fluctuations but also stand poised to deliver positive returns to investors, year in and year out. It is this resilience that categorizes them as consistent performer stocks.
Why Invest in Consistent Performer Stocks?
The rationale behind including consistent performer stocks in your investment portfolio is clear – stability and reliability. In a market where uncertainty prevails, having stocks that act as a bulwark against market fluctuations is a strategic move. These stocks not only provide a shield during economic downturns but also serve as a beacon of consistency, ensuring a steady flow of positive returns.
7 Consistent Performer Stocks of 5 Years (2019-2023)
To uncover these hidden gems, a meticulous analysis of past performances from the Bombay Stock Exchange (BSE) was conducted. The following 7 stocks emerged as the cream of the crop, exhibiting consistent and positive returns over the past five years.
(1) JSW Steel
JSW Steel is primarily engaged in the business of manufacture and sale of Iron and Steel Products. JSW Steel has given an average of 31% returns to investors in the last five years. JSW Steel is a consistent performer stock from 2019 to 2023.
(2) Titan
Titan Company Ltd is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery, and Eyewear categories led by its trusted brands and differentiated customer experience. Titan is a Tata group of companies. Titan has given an average of 29% returns to investors in the last five years.
(3) M&M
Mahindra & Mahindra Ltd is one of the most diversified automobile companies in India with a presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers. M&M is a consistent performer stock. M&M has given an average of 29% returns to investors in the last five years.
(4) Reliance
Reliance is the largest private sector corporation in India. Reliance is Engaged in hydrocarbon exploration, petroleum refining, petrochemicals, natural gas, and mobile services. Reliance is a consistent performer stock. The stock of reliance has generated an average of 17% returns to investors in the last five years.
(5)Britannia
Britannia Industries is one of India’s leading food companies with a 100-year legacy. Britannia is among the most trusted food brand manufacturers in India. Britannia is a consistent performer stock of the last five years 2019 to 2023. This stock has generated an average of 17% returns for investors in the last five years.
(6) Tata Elxsi
Tata Elxsi is amongst the world’s leading providers of design and technology services across industries including Automotive, Media, Communications, and Healthcare. Tata Elxsi has been a consistent performer stock for the last five years. Tata Elxsi generated an average of 80% returns over the last five years.
(7) Linde India
Linde India is primarily engaged in the manufacture of industrial and medical gases and the construction of cryogenic and noncryogenic air separation plants. Linde India has been a consistent performer stock of the last five years. This stock has generated an average of 66% returns over the last five years.
Other stocks that have generated consistent performance are Tube Investment, Varun Beverages, and Trent.
Conclusion: Building a Resilient Portfolio
In the realm of investing, the significance of having consistent performer stocks in your portfolio cannot be overstated. As witnessed through the top 7 performers of the past five years, these stocks not only weather market cycles but also pave the way for sustained and positive returns. Consider incorporating these stalwarts into your investment strategy to fortify your portfolio against the unpredictable nature of the stock market. After all, in the pursuit of financial success, having a foundation of consistency can make all the difference.