Indian Stock Market

Following companies are so far the best dividend paying companies of India.    It is advisable to consider few of the above companies considering high dividend yield in your profile. Do your own 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-pfc_3.html https://sharemarketwithgujjubhai.blogspot.com/2021/01/high-dividend-paying-stocks-in-india-pfc_3.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-highe...

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...

REC Limited(Rural Electrification Corporation Limited) is a public Infrastructure Finance Company in India’s power sector. This group is a PSU & finances and promotes rural electrification projects in India. The company provides loans to Central/ State Sector Power Utilities in the country, State Electricity Boards, Rural Electric Cooperatives etc. Even though Market are roaring with a desperate aim of touching 50,000 points in BSE, valuation of this stock still looks quite attractive. Its PE ratio is below 5 and has very high dividend yield of 8.17% which makes it very attractive stock. Since it is a PSU with sound record, invests seems as safe as an FD. Government is the largest share holder as shown in above graph with 52.63 % stake holding. FIIs & DIIs too have attractive stakes and only 8.88% is for general public. Total Revenue and Net profits are showing increasing trend which is also a very good sign as per above charts. Price chart shows that it is gi...