8 Best alternative for Bank FD; Growth and higher dividend stocks; fundamentally strong and value investing companies; What should I do?
In this blog , I have discussed about the large cap companies which have strong fundamentals & the products of these companies are being used by every Indian consumer & these companies are best alternative for the Bank Fixed Deposits (FD)
8 Best Alternative for Bank FD
Growth & Higher Divided Stocks
I have pick up companies in such a manner that almost every industry is covered be it from
- Consumer staples
- Consumer electric
- Banking & Finance
- Chemical sector
- Conglomerate (Consumer goods,luxury brands, Jewellery,etc)
- Fast moving consumer Goods (FMCG)
- Information Technology
- Conglomerate (Oil & gas, Telecom, Etc)
1) Avenue Super marts Ltd (Dmart); CAGR (5 years) – 19.95%
This stock is currently in the consolidation phase as from the past 3 years company has generated 0% returns despite the revenue has doubled in 3 years as well as net profit has become 2.5 times
2021 | 2023 | |
Revenue | 24339 | 42968 |
Net Profit | 1099 | 2378 |
Dmart is currently trading at 10 year lowest valuation. So this is the right time to invest in this company.
2) Polycab India Ltd.; CAGR( 5 years) -48.90%
Due to the income tax raid in the company, Polycab India was trading at lower valuation. Its fundamentals are really strong. Just look at the numbers company has generated.
5 years Financials
2019 | 2023 | |
Revenue | 8049 | 14241 |
Net Profit | 499 | 1269 |
3) Bajaj Finance; CAGR (5 years)- 20.05%
This stock is currently in the consolidation phase as from the past 3 years company has generated 0% returns despite the revenue has more than doubled in 5 years as well as net profit has become 2.5 times
2019 | 2023 | |
Revenue | 18500 | 41407 |
Net Profit | 3994 | 11507 |
4) PI Industries Ltd; CAGR(5 years) – 32.78%
PI Industries currently trading at 3683 levels which is same as the 3 years old stock price ,This stock is currently in the consolidation phase as from the past 3 years company has generated 0% returns despite the revenue has almost doubled in 5 years as well as net profit has become more than double.
2019 | 2023 | |
Revenue | 2900 | 5404 |
Net Profit | 410 | 843 |
5) Titan Company Ltd; CAGR (5 years)- 28.53%
Titan is currently trading at 3652 level & it has given multi fold returns to the investors in the past 2 decades. Titan is conglomerate which is comes under the Tata Umbrella & this company will continue to give good returns in the long run as well as it is well established in the Indian market.
Net profit have almost doubled in the last 5 years
2019 | 2023 | |
Revenue | 19961 | 29033 |
Net Profit | 1130 | 2173 |
6) Hindustan Unilever Ltd; Div yield-1.76%; CAGR (5 years)-6.2%
Being the largest FMCG brand in India, this particular company acts as a defensive stock as it hardly shows any corrections when there is a big correction in the market. Every Indian use HUL’s products as they have various categories of products in their SKU.
Net profit has shown a 67% increase in the last 5 years
2019 | 2023 | |
Revenue | 39860 | 61267 |
Net Profit | 6054 | 10120 |
7) Tata Consultancy Services; Div Yield-0.96%; CAGR (5 years)-16.25%
This is the biggest IT service provider in India as their 75% of the business depended on the European & America region.
if we look at the numbers of the revenue & net profit it is clearly seen that their business is growing at a gradual phase as this company has the biggest market cap in the IT industry.
2019 | 2023 | |
Revenue | 150774 | 228907 |
Net Profit | 31472 | 42147 |
8) Reliance Industries Ltd; CAGR (5years- 21.52%)
Be it Retail, Digital Services, Media & Entertainment, Petrochemicals, Energy, New Energy & Materials
Reliance has solution for every consumer need as they are the Face of India in the global level.
Just take a look at the numbers
2019 | 2023 | |
Revenue | 577698 | 890011 |
Net Profit | 39588 | 66702 |
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What Investors should do ?
- These are the Nifty 50 companies large cap companies & they will continue to grow at a stable pace
- So if you you don’t want headache for the direct investing in the stock market then there is no any other comparison to these Blue chip companies in India.
- You can blindly go & pick any of the company & invest in it but only for the long term otherwise you will get nervous.
- These companies can be the best alternative for the Bank FD which typically give returns of 6-7% in a year
Check out- Aavas Financiers hits 52 week low
Disclaimer-
This article is a complete guide about Blue chip companies .
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, this information will help you in your further investment.
If you have any further queries, please comment below. We will be happy to answer all your questions.
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