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 - Hindustan Zinc
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Hindustan Zinc Limited (HZL) is an Indian mining company which deals in zinc, lead, silver and cadmium. It is a subsidiary of Vedanta Limited.Hindustan Zinc is the world's second largest zinc producer. This company has performed really well even during this tough covid times which is evident in following quarterly results.
Company has registered continuos growth in revenue and netprofit despite adverse global business scenario which is really good. Last year's EPS was 16.11 & this year also it is 7.81 in 2 quarters and should match last year's figure. Operating profit margin has consistenly remained above 55 % & Net profit margin has remained around 35 %.
PE ratio is still reasonable at 16.48 even during this decade's best bull run which is currently going on. Most important figures here is 6.43% dividend yield. This is the lowest dividend and usually it is significantly higher than this. Government of India is the second largest share holder in this company after Vedanta and like any other profit making PSU company, this too pays good dividend which is expected by Goverment. Only 1.82 % is avaialble with General public. This also can be a reason for good future valuation prospect.
Following is the dividend history of this stock which shows how well this company has rewarded its shareholders.
As shown above, this price is well below of highest levels of 2018 and is likely to regain it soon. Do you research before investing.
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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