The Indian stock market is quite mature. The country has the largest investor base in the world. The investors can invest in share, debenture, mutual funds and securities among other investment tools. It has many advantages of investing, Young population, a strong export sector and some world-beating companies. Investors can get good returns by investing in Indian dividend stocks. Here I have collected some stocks which can be beneficial for you.
Samkrg Pistons and Rings Ltd (BOM: 520075) -
Samkrg pistons and Rings Limited is engaged in the business of manufacture of auto components-piston assemblies. It operates in two segments: original equipment manufacturer and after market in both domestic and exports. The company is manufacturer and suppliers of pistons, piston pins and piston rings for gasoline and diesel internal combustion engines for scooter, motorcycles, cars, tractors, light commercial vehicles, stationary engines and other special applications form 35 millimeter to 130 millimeter diameter.
It has a market capitalization of 428.17 Million, EPS is 9.04, P/E ratio is 4.83 and the dividend yield is 8.03% at the annual dividend payout of 2.50.
Menon Pistons Limited (BOM: 531727) -
Menon Pistons Limited is an Indian-based company. It is manufacturer of auto components, such as aluminum alloy pistons, gudgeon pins and piston rings for passenger cars, heavy and light commercial vehicles, heavy duty diesel engines for power generation, off highway vehicles, and compressors. The Company produced approximately 20% products and is exported to countries like, United States, United Kingdom, Europe, South Africa and other developed countries.
The company has a market capitalization of 300.90 Million, EPS is 13.71, P/E ratio is 4.30 and the dividend yield is 5.93% at the annual dividend payout of 2.00.
Kar Mobiles Limited (BOM: 590053) -
Kar Mobiles Limited is an Indian Company which manufactures and markets auto components to transportation industry. The company is engaged in the manufacture and marketing of engine valves collets and guides for applications in internal combustion engines. It has two manufacturing plants in Bangalore and Tumkur. Its customers include Mirrless Blackstone, Pielstick, Ruston and Wartsila Diesel. The company's engine valves are used in applications ranging from 5 horsepower to 4000 horsepower engines.
It has a market capitalization of 264.21 Million, EPS is 12.26, P/E ratio is 9.62 and the dividend yield is 3.82% at the annual 2.50.
Rane Holdings Ltd (BOM: 505800) -
Rane Holding limited is a holding company based in India. It is engaged primarily in the manufacture and marketing of auto components. Its investment profile includes five subsidiary companies, three joint venture companies and two associate companies. The company's subsidiaries engaged in manufacturing a range of steering and suspension linkage products, engine valves, valve guides, mechanical tappets brake linings, disc pads, railway brake blocks, clutch facing and commercial vehicle brake. During the fiscal year ended March 31, 2012, it incorporated Rane Holdings America Inc.
It has a market capitalization of 2.52 Billion, EPS is 40.77, P/E ratio is 4.33 and the dividend yield is 4.53% at the annual dividend payout of 4.50
Triton Valves Limited (BOM: 505978) -
Triton Valves Limited is India's largest manufacturers of automotive tyre tube valves, valve cores and accessories. The company is both a tier I and a tier II supplier to the automotive industry. It provides valves for commercial vehicles, which include truck, bus and tractor, passenger car and two-wheeler. Its manufacturing facility is located across 11,300 square meters of Mysore, 140 Kilometers south west of Bangalore in Sothern India. As of March 31, 2011, its valve core's installed capacity was 120,000,000.
The company has a market capitalization of 309.88 Million, EPS is 20.23, P/E ratio is 15.47 and the dividend yield is 2.24% at the annual dividend payout of 7.00.