The Year 2011 has been a difficult year for Indian stock market as benchmark Nifty produced –21.5% and very few stock could outperform and returns were abysmally poor. The top 5 stocks which have outperformed Nifty in year 2011 are as enumerated below:
Stock Name | Returns |
Hindustan Unilever | 25% |
ITC Ltd. | 12% |
Ambuja Cements | 11% |
Bajaj Auto | 7% |
Kotak Mahindra Bank | 6.75% |
Above list only proves one point that FMCG stocks like Hindustan unilever and ITC will always perform in high inflationary environment. We are optimistic on Ambuja Cements because it has done well when cost of borrowing is high and infrastructure spending has reduced. It will definitely do very well moment the glut in world and Indian economy gets rosy by virtue of RBI credit policy and do not forget to check out tour list of Top 10 Best Indian Socks for investment and just relax as your money will be multiplying even when you will be relaxing.
As a word of caution that do not follow the list given above blindly for best performing stocks year 2011 as it is not necessary that they will perform well in subsequent years also as market is dynamic by nature.