Investing in stocks is like a running business. It is no different in India. The stock investing in India also involves money, strategy and close monitoring of stocks. Investors need to be careful. They should plan their investment wisely and should decide an amount for their investment and a strong strategy. They should believe in their investment strategy. Here are five Indian stocks high dividend, which they should consider for their portfolio.
Goldiam International Ltd. (NSE: GOLDIAM)
Goldiam International Limited is an Indian-based Company. It operates as a manufacturer of Diamond studded Gold, Platinum and Silver jewelry. The business includes entire chain of marketing, production and distribution of jewellery all over the world. It operates in two segments: Jewellery Manufacturing and Investment Activity. Its product consists of 7,000 designs in rings, ear rings, pendants, bracelets, bangles and necklaces. In September 2012, it sold Goldiam Jewels Limited.
The company has a market capitalization of 483.95 Million, EPS is 8.09, P/E ratio is 2.40 and the dividend yield is 7.22% at the annual dividend payout of 0.50.
ISMT LTD. (NSE: ISMTLTD)
ISMT Limited Company is engaged in manufacturing seamless tubes and engineering steels. It produces carbon, alloy and martensitic stainless steel bars with a special emphasis on ultra-clean steels, free machining steels, bearing steels and on other specially engineered steel grades. ISMT North America is a wholly owned subsidiary of ISMT Limited. It also provides a range of seamless tube products, steel and a hands-on level of service for the North American marketplace. On May 28, 2012, its 40 megawatts Captive power plant commenced its commercial production.
The company has a market capitalization of 1.54 Billion, EPS is 6.94, P/E ratio is 1.51 and the dividend yield is 7.14% at the annual dividend payout of 0.75.
Manugraph India Ltd. (NSE: MANUGRAPH)
It is an Indian-based company which is engaged in the manufacturing of single width Web-offset printing presses in India. The company has only one segment which is engaged in the production of printing machines and the entire production operations. Its subsidiaries include Constrad Agencies (Bombay) Private Limited, Manugraph DGM Inc. and Offset Services, Inc. During the year ended March 31, 2012 Manugraph Kenya Limited ceased to be a subsidiary of the Company.
It has a market capitalization of 868.35 Million, EPS is 18.88, P/E ratio is 1.51 and the dividend yield is 5.25% at the annual dividend payout of 1.50.
Premier Limited (NSE: PREMIER)
Premier Limited is a manufacturer of automobile. The company has two reportable segments: Engineering segment which is engaged in engineering manufacturing of machine tools of gear cutting, vertical and horizontal machining center and special purpose machines, specialized engineering solution for various applications, machining of precision components, sub-assemblies. The Automotive segment consists of light and sports utility vehicles. It is engaged in assembly of vehicles from imported painted bodies. During fiscal 2012, the company receives orders from BHE, L&T, Tata Motors and Graziano.
It has a market capitalization of 1.94 Billion, EPS is 9.64, P/E ratio is 6.64 and the dividend yield is 4.69% at the annual dividend payout of 3.00.
Hi-Tech Gears Ltd (NSE: HITECHGEAR)
Hi-Tech Gears Limited is an Indian-based company. It is primarily engaged in the business of gears and transmission components. Its principal products include gears and transmission, and shafts and timing gears. Hi-Tech is a company's division which is engaged in the business of engineering software solutions. It has many other products that include precision forgings, two, wheeler transmission components, engine and transmission components, and PTU shafts.
The company has a market capitalization of 1.09 Billion, EPS is 11.81, P/E ratio is 4.94 and the dividend yield is 6.00% at the annual dividend payout of 1.50.
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