India is a great country to invest your money. Its economy is best-known for its information technology and business process outsourcing industries. The country has a youthful, educated and growing workforce. Investors can get many advantages by investing in Indian dividend stocks. India gas realized strong historical growth rates, particularly in the information technology and business process outsourcing sectors. Watch these Indian stocks that have higher yield and can be beneficial for your portfolio.
S Kumars Nationwide Limited. (NSE: SKUMARSYNE) -
S kumars nationwide Limited is an India-based textile and apparel company. It is engaged in manufacturing worsted and viscose blended suiting, yarn dyed shirting, workwear fabric, home textiles and ready-to wear garments. The company has manufacturing units in India, Italy, United Kingdom, United States of America and Canada. Its consumer textile includes uniforms, work-wear and suiting made from blended polyester fabrics for office, leisure and evening wear.
It has a market capitalization of 1.71 Billion, EPS is 7.28, P/E ratio is 0.79 and the dividend yield is 17.39% at the annual dividend payout of 1.00.
Acropetal Technologies Ltd. (NSE: ACROPETAL) -
Acropetal Technologies Limited is a Business Technology Solutions Company which provides on-demand solutions in the verticals of Education; Healthcare, manufacturing CPG and Retail, Government and Citizen Services; Energy and Environment, and Engineering and Infrastructure. It provides services and offerings in four categories: Engineering Design Services, Healthcare, Enterprise Solutions and IT Infrastructure Solutions. In July 2012, two of its subsidiaries, Acropetal Inc. USA and Optech Consulting Inc., USA were merged and named Acropetal Inc.
It has a market capitalization of 210.01 Million, EPS is 3.31, P/E ratio is 1.63 and the dividend yield is 22.22% at the annual dividend payout of 1.20.
Geodesic Limited. (NSE: GEODESIC) -
Geodesic limited is a technology company. It is focused on delivering solutions in the space of communication, content management, collaboration and customer relationship management to the enterprise and retail segments. It operates in five segments: Enterprise, Telecom Operators and Handset Manufacturers, Retail Consumers, System integrators and Value Added Resellers, and Government and Financial Institutions. Its products include enterprise products, which include Continum, Spyder, and Financial Portal Framework.
The company has a market capitalization of 618.75 Million, EPS is 10.62, P/E ratio is 0.65 and the dividend yield is 29.20% at the annual dividend payout of 2.00.
Opto Circuits India Ltd. (NSE: OPTOCIRCUI) -
Opto Circuits India Ltd. is an India-based company. It develops manufactures and markets medical equipment and consumables interventional devices and tools. It operates in three segments: sensors, monitors and others. The company's product offering include cardiac monitoring systems, anesthetic monitoring devices, vital signs patient monitors, multi parameter patient monitors, automated external defibrillators and peripheral vascular diagnostic systems. The company's interventional devices and tools include hip implants, suction devices surgical tools, drug eluting balloons, cardiac stents and catheters that are used in a field of urology, gastro-enterology and gynecology.
It has a market capitalization of 5.62 Billion, EPS is 23.81, P/E ratio is 0.97 and the dividend yield is 12.93% at the annual dividend payout of 3.00.
Manappuram Finance Ltd. (NSE: MANAPPURAM) -
Manappuram Finance, Ltd. is an India-based Company, which provides general finance and leasing services. The company operates as a non-banking finance company. It offers services including gold loans, vehicle finance, insurance, foreign exchange services, distribution of mutual funds and other financial products. It operates in three segments: asset finance, gold and other loans, and fee-based activities.
It has a market capitalization of 14.17 Billion, EPS is 2.48, P/E ratio is 6.80 and the dividend yield is 8.90% at the annual dividend payout of 1.50