Investing in the Indian Stock Market is really a smart decision. The country has the biggest investor base in the world after the United States and Japan.
The investors who wish to invest in the Indian stock market can invest in shares, debentures, stocks, securities, mutual funds and also other holdings. I would prefer investing in stocks because stocks provide good returns of your investment. I have collected five Indian dividend stocks that can help you to create a profitable investment portfolio.
Indo Rama Synthetics (India) Limited (NSE: INDORAMA)
It is an India-based company which is engaged in manufacture of polyester staple fiber, partially oriented yarn, draw texturized yarn, fully drawn yarn and polyester chips. Its manufacturing facilities are located at Butibori, Nagpur. During the fiscal year ended March 31, 2012, the company produced 130,628 tons per annum of PSF, 159,954 tons per annum of PFY, 58,916 tons per annum of DTY, 23,916 tons per annum of polyester chips and 24.4 mega-watts per hour of electrical power.
The company has a market capitalization of 2.05 Billion, EPS is 2.65, P/E ratio is 5.09 and the dividend yield is 7.41% at the annual dividend payout of 1.00.
Infinite Computer Solutions (NSE: INFINITE)
Infinite is a global service provider of application management, infrastructure management, product engineering, services, as well as mobility and messaging solutions in the telecom, healthcare, media and content, energy and utilities and banking, financial services and insurance verticals. During the year ended March 31, 2012, it launched messaging product suits in the United States public safety. Its subsidiaries include Infinite Computer Solutions Inc. Infinite Computer Solutions Pte Ltd, Infinite Computer Solutions Sdn, Bhd and Infinite Computer Solutions (Shanghai) Co, Ltd.
It has a market capitalization of 4.68 Billion, EPS is 28.17, P/E ratio is 4.06 and the dividend yield is 7.88% at the annual dividend payout of 3.00.
Munjal Auto Industries (NSE: MUNJALAU)
The company is engaged in manufacture of exhaust system, wheel, rim, fuel tanks and other components for auto industries. It products exhaust systems complete for two wheelers and four wheelers, spoke rims for two wheelers, steel wheel rims for two wheelers and four wheelers, fuel tanks for four wheelers, seat frames for four wheelers and other automotive assemblies. The company manufactures over 22 different models of Exhaust Systems complete for motorcycles and scooters. It has the capability to manufacture steel wheel rims for two wheelers, three wheelers and passenger car.
It has a market capitalization of 1.35 Billion, EPS is 7.90, P/E ratio is 3.42 and the dividend yield is 7.41% at the annual dividend payout of 2.00.
Geodesic Limited (NSE: GEODESIC)
Geodesic Limited is an India-based technology company. It focused on delivering solutions in the space of communication, content management, collaboration and customer relationship management to the enterprise and retail segments. The products of the company include enterprise products such as Continuum, Spyder, Financial Portal Framework, Wallet WAP and Wealth Console, mobile gaming product includes Carrom MP, electronic computing product includes GeoAmida, Communication products include Mundu Instant Messenger, Mundu SMA and Spokn, and content management and delivery products include Mundu Radio and Mundu.
It has a market capitalization of 239.37 Million, EPS is 3.10, P/E ratio is 0.86 and the dividend yield is 5.47% at the annual dividend payout of 2.00.
Omax is an India-based company engaged in the manufacture and sale of auto components and parts for the two-wheeler and four wheeler industries. Its four wheeler industries’ products include Neck Fuel Filter, Trunk Hinge, Steering Columns Shafts, Wiper Rods, Frame Assembly, Transmission Shafts, Rocker Arm Shafts, Truck Chassis, and Back Plates for Brake shoes, Piston Rods for Damper Assembly, Shround Fan, Door Beams, Half Shaft Bars, Base Battery Set and Seat Assembly. As of March 31, 2012 the company had set-up its Pant Nagar Plant (in Udham Singh Nagar) for manufacturing of MHCV chassis part.
It has a market capitalization of 608.49 Million, EPS is 7.52, P/E ratio is 3.78 and the dividend yield is 3.51% at the annual dividend payout of 1.00.