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 record. (8) Need for IT solution across globe will only increase from here which will
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.
Links not part of this Blog
https://sharemarketwithgujjubhai.blogspot.com/2021/01/high-dividend-paying-stocks-in-india-rec.html
https://sharemarketwithgujjubhai.blogspot.com/2021/01/high-dividend-paying-stocks-in-india.html
https://sharemarketwithgujjubhai.blogspot.com/2021/01/high-dividend-paying-stocks-in-india-ioc.html
https://sharemarketwithgujjubhai.blogspot.com/2021/01/high-dividend-paying-stocks-in-india_5.html
https://sharemarketwithgujjubhai.blogspot.com/2021/01/list-of-highest-dividend-paying.html
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इस ब्लॉग से लोकप्रिय पोस्ट
Dmart Results - Q3 FY21(Avenue Supermart)
Retail Gian Dmart (Avenue Supermart) has just released Q3 figures and as expected these are superb ! Consolidated result is as follows. Summary of the results is as following. Total Income increased substantially by 42 % & 11 % on QOQ & YOY basis respectively. Gross profit increased by 124 % & 24 % while Net profit/EPS increased by 125 % & 12 % substantially. This stock has already given 10 times return to its IPO subscribers who have hold the stock till date. 10 times return in 3 years , 9 months is simply superb ! As shown above, TTM EPS is 13.80 ( Excluding Q3 figures) & hence PE ratio of Friday closing price is 215 times which probably is highest among major listed companies. This shows faith of investors in this company and its promoter Mr. Radhakishan Damani. Clikc on following link to go through the pdf file of Q3 as submitted to exchanges. https://www.bseindia.com/xml-data/corpfiling/AttachLive/eb8f954e-2780-4aad-a6d8-85973a32fd16.pdf Thank you. Jai Hind
High Dividend Paying Stocks in India - PART 1
Who likes to have lucrative dividend income in bank account ? well all of us like the dividend income. How many companies in your portfolio give regular dividend? Very few ??? If so, don't you think it's time to correct your portfolio. Advantages of of regular dividend paying companies are as following. (1) Good companies pay dividend in the range of of 1 % to 15% on annual basis. Now this is a huge amount. Most of the mutual funds are giving approximately 10% return on annual basis. If if your company is giving even 10% dividend, it's a huge bonus since appreciation of stock value is entirely different. (2) regular dividend itself is a proof of good business management. Without continuous profit, continuous dividend is not possible. This itself is a proof that you are invested in the right company. (3) most of the high paying dividend companies are owned by government & hence there is always a sense of security. (4) sometimes market remains depressed for months or eve
Nifty PE ratio at all time high at 40. sensex about to touch 50,000 mark
Sensex is about to touch 50,000 levels. PE ratio of nifty is about to touch 40 level. This highest peak level itself suggest that market is highly overpriced and is bound to correct very soon. please refer following chart. It is highly recommended that and long time investor should stay absolutely away from market right now. There is no by opportunity as such and if at all you have some plan to book profit probably this is the right time before market corrects itself so good luck friends thank you.
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