FMCG, Pharma, and Consumer Durables companies are often referred to as defensive stocks due to their characteristics that make them resilient during economic downturns or periods of market volatility.
These stocks are considered defensive because they tend to maintain stable demand for their products regardless of economic conditions. This stable demand for their products ensures a steady revenue stream for these companies, making their stocks less susceptible to market swings.
Listed below are some of the Defensive stocks that you can add to your watchlist to save your money in times of volatility.
Hindustan Unilever
Hindustan Unilever Limited is a Fast Moving Consumer Goods (FMCG) Company, it is primarily engaged in the manufacturing and supplying of consumer goods, operating through 5 segments i.e., Beauty & well-being, Personal Care, and Foods & Refreshments segments.
With a market capitalization of Rs. 5,85,048 Crores, the shares of Hindustan Unilever Limited closed at Rs. 2,490 per equity share, up 5.74 percent from its previous day’s close price of Rs. 2,354.80.
Its revenue from operations grew by 0.53 percent from Rs. 14,953 Crores in Q4FY23 to Rs. 15,041 Crores in Q4FY24, accompanied by net profits of Rs. 2,601 Crores to Rs.2,561 Crores.
Sun Pharmaceuticals Industries
Sun Pharmaceutical Industries Limited is one of the largest pharmaceutical companies in India the fourth largest in the world, it is engaged in the business of manufacturing, developing, and marketing a wide range of branded and generic formulations and Active Pharma Ingredients.
With a market capitalization of Rs. 3,49,094 Crores, the shares of Sun Pharmaceuticals Industries Limited closed at Rs. 1,455 per equity share, up 0.12 percent from its previous day’s close price of Rs. 1,453.25.
Its revenue from operations grew by 9.62 percent from Rs. 10,931 Crores in Q4FY23 to Rs. 11,983 Crores in Q4FY24, accompanied by net profits of Rs. 1,983 Crores to Rs. 2,659 Crores.
Britannia Industries
Britannia Industries Limited primarily engaged in the manufacturing and sale of various Fast Moving Consumer Goods, food products like biscuits, dairy, breads, rusk, cakes and various other snacking.
With a market capitalization of Rs. 1,27,707 Crores, the shares of Britannia Industries Limited closed at Rs. 5,301.95 per equity share, up 2.64 percent from its previous day’s close price of Rs.5,165.35.
Its revenue from operations grew by 3.14 percent from Rs. 3,892.02 Crores in Q4FY23 to Rs. 4,014.07 Crores in Q4FY24, accompanied by net profits of Rs. 557.6 Crores to Rs.536.61 Crores.
ITC
ITC Limited is India’s largest cigarette manufacturer and seller and it operates across businesses like FMCG, hotels, packaging, agribusiness, paper, paperboards, and many more.
With a market capitalization of Rs. 5,23,110 Crores, the shares of ITC Limited closed at Rs. 419 per equity share, down 2.68 percent from its previous day’s close price of Rs. 430.55.
Its revenue from operations grew by 2.62 percent from Rs. 18,799 Crores in Q4FY23 to Rs. 19,291 Crores in Q4FY24, accompanied by net profits of Rs. 5,225.02 Crores to Rs. 5,187.22 Crores.
Asian Paints
Asian Paints Limited is engaged in the business of manufacturing, selling, and distributing paints, coatings, and products related to home decor, and bath fittings and providing other related services
With a market capitalization of Rs. 2,75,385 Crores, the shares of Asian Paints Limited closed at Rs. 2,871 per equity share, up 0.18 percent from its previous day’s close price of Rs. 2,865.80.
Its revenue from operations declined by 0.62 percent from Rs. 8,750.85 Crores in Q4FY23 to Rs. 8,701.46 Crores in Q4FY24, accompanied by net profits of Rs. 1,258.41 Crores to Rs. 1,275.3 Crores.
Varun Beverages
Varun Beverages Limited is an India-based beverage company that operates as a franchisee of PepsiCo. It is engaged in producing and distributing a wide range of carbonated soft drinks, as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water. Its Brands include Pepsi, Diet Pepsi, Seven-Up, Mirinda, Mountain Dew, Mountain Dew, Aqua Fina, Slice, and many more.
With a market capitalization of Rs. 1,84,726 Crores, the shares of Varun Beverages Limited closed at Rs. 1,421.60 per equity share, down 2.89 percent from its previous day’s close price of Rs. 1,463.85.
Its revenue from operations grew by 11.27 percent from Rs. 3,952.59 Crores in Q4FY23 to Rs. 14,397.98 Crores in Q4FY24, accompanied by net profits of Rs. 438.57 Crores to Rs. 547.98 Crores.
Written by: Bharath K.S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
