Best Stock to buy in 2022 Bear Market - TCS

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  Best time to buy a stock ? Well what better than a recession when even the best in the business is available at a steep discount ! TCS is my 1st choice at the moment. Why ? Well, following points speak for itself (1) 2nd Largest IT company in the world with no worry of future business. (2) Largest company of Tata Group which is the largest business group of India.         App. 70 % of profit of  Tata group come from this single company. (3) Continuously growing top line and bottom line of business (4) Available at reasonable valuation with PE multiple of 29 (5) Regular buy back ensures value addition for share holders (6) Major company in both Sensex & Nifty and hence bought by both Indian as           well as Overseas investor. When FII will come back, they buy blue chip shares       like TCS first. (7) Operational for more than 5 decades now with consistent performance track      ...
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High Dividend Paying Stocks in India - IOC

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Indian Oil corporation Limited or IOCL or IOC is the largest fuel retailer of India as we all know with very well established Fuel, Gas & Lubricants distribution network in place. Fuel & Gas in perticular are businesses with very few players in place with very limited competition. With lot of focus on environmental friendly non fosil fuel now a days, Oil still is the largest supplier of enery and will remains so for at least 2-3 decades. Contribution of non fosil fuel will increase gradually but hunger for energy will also double-triple very soon. So IOC has a Strong Moat which was refered by Great Mr. Warren Buffet. It also has creditial management,Indian Goverment itself being the largest shareholder. so, is IOC a good bet ??? Yes It is according to me.
TTM PE is 26.87 while Industry PE is 38.41 so it is available at a discount. secondly, EPS were significantly affected due to corona virus in Q1 & Q2. There will be some what effect in Q3 results as well which are expected to be declared soon. IOC is the largest Airline Fuel supplier and this business is yet to be normalised. This is the reason for low EPS. However,demand for automobile fuel has increased significantly in last 3-4 months and New vehicles sales have already bettered itself from last year sales figures. Hence fuel consumption will continue to go for sure. However, this stock is still below its highest levels as shown in following chart.
Highest price was 235 of Sep,17 while it is way below currently at 93. This stock has excellent dividend payment record. Its current dividend yield is lowest in last few years at 4.53 %. Their average return are normally double than this. PB ratio is also 0.92 % which shows its current price is even lower than book price. Dividend paid in recent times in as follows.
Conclusion : Historical figures suggests that dividend yield of this company is much higher that Bank FD Rates. Its share price has already corrected a lot in last 2 years. So from here, it is showing good prospect of price improvement and healty dividend. Do your own research before you invest. Thank you. Jai Hind.





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5 Best Penny Stocks in India (4) 3i infotech

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चित्र
3i Infotech Ltd  which was established as  ICICI Infotech Ltd  is an  Indian  IT company, started in 1993.  3i Infotech was promoted by  ICICI Bank  but ICICI divested the majority of the shares in March 2002. Since it was started by ICICI, Banking ,Insurance & Asset Managment are the core sectors where they provide their services. They provide ERP and other IT services as well. In 2005, company touched its peak price of 150 + but kept on reducing ever since then specially after 2008 worldwide recession. However, if you look at recent development, this stock is the real hot cake with stock prices daily touching its 5 % upper circuit as following. As shown above, just within a month this stock has been doubled and is increasing in one side upward direction. Even I am trying to grad this stock since last one week but not able to buy a single share.  Reason: Why sudden hype over 3i infotech ? 3i Infotech has entered into definitive agreement...
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5 Best Penny Stocks in India 2021 (1) Vodafone Idea

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चित्र
Historically Indians are good bargainers. Aren't we ? we always like to buy at a bargain price. One dollar bill at 50 Cent is always welcome! This is applicable to share/stock market as well. I will share details of 5 companies which according to me are the best buy at cheap price. So, first in my list is Vodafone Idea. Before we start, please go through the following price chart. Before the merger, only Idea was listed on both the stock exchanges while Vodafone was a private limited company. In 2015, when it was at highest price of Rs. 120/share, it has now reached at a level of 11.90 by the end of the day on 5th Jan,2020. But wait a minute, this stock has already outperformed many of the established player as shown in following chart. on 18th Feb,20 it reached at the bottom price of Rs.3 and after almost 11 months, it is at a level of Rs.12. 400 % return in just 11 months. All this happened because of the following positive factors.  (1) As per latest updates, Cash-strap...
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High Dividend Paying Stocks in India - PFC

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Power Finance Corporation Ltd. is an Indian financial institution which is Public Sector Unit. It was Established in 1986 & is the financial back bone of Power Sector of India. It is one of the most profitable PSU. Proposed Merger of REC in PFC During March 2019, PFC completed acquisition of a majority stake in REC by transferring Rs 14,500 crore to the government for agreed merger of the two firms in 2019-20. PFC acquired 103.94 crore shares/52.63 per cent equity stake held by the government in REC. The merger of REC with PFC is unlikely to happen in near future because of RBI norms on exposure of NBFCs. The capacity to finance a project of the merged entity would be halved. As separate entities, they can finance up to 50 per cent in a project which would be reduced to just 25 per cent after the merger. Current regulations suggests that 51 per cent government holding is must to maintain the PSU character of a company. After the PFC-REC merger, the government shareholdi...
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