The economy of India is the fourth largest
economy of the world on the basis of Purchasing Power Parity (PPP). It is also
the most attractive destinations for business and investment opportunities
because of the huge manpower base, diversified natural resources and strong
macro-economic fundamentals.
India's economic growth and performance in the world
is explained in terms of statistical information which is provided by the
different economic parameters. While making a portfolio of Indian dividend stocks
to buy you can consider these stocks.
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Company
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Stock Exchange
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Symbols
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Repro India Limited
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NSE
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REPRO
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Elecon Engineering
Company Ltd
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NSE
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ELECON
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Max India Limited
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NSE
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MAX
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Sakuma Exports Limited
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NSE
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SAKUMA
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Hinduja Global
Solutions Ltd
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NSE
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HGS
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Repro India Limited (REPRO)
The company has a Price earnings ratio of
4.14 and a high dividend yield of 7.46%. Repro is based in India providing
print solutions to client, which include engineering, creative designing,
pre-press, printing, post-press, knitting and assembly, warehousing, dispatch,
database management, sourcing and procurement, localization and Web based
services. The company acquired India printing operations of Macmillan
Publishers India Ltd in July 2011.
Elecon Engineering Company Ltd. (ELECON)
The stock has a dividend yield of 4.09% and
a market capitalization of 2.66 Billion. This Indian-based company manufactures
various products offered to various industries such as power, chemicals, steel,
plastics elevators, palm oil, marine engineering, cement, sugar, mining,
petroleum, coal handling and fertilizers. It is committed to be present in all
the leading & emerging markets of the world by expanding, collaborating and
associating with other partners and consolidating its presence in already
penetrated markets.
Max India Limited (MAX)
With the dividend yield of 7.14% the stock
is listed on National Stock Exchange. It is a manufacturer of specialty plastic
film products for packaging industry. The company has also invested in
different subsidiaries in diversified business including healthcare, life
insurance, health insurance, clinical research etc. it was incorporated in 1982
and is headquartered in New Delhi, India. Its manufacturing facility is located
at Railmajra, Nawanshahr, Punjab.
Sakuma Exports Limited (SAKUMA)
It is Indian-based Company which is
involved in the trading of commodities and wind power generation. Its current
market cap is 232.34 Million and a forward dividend yield is 7.14% with the P/E
ratio of 3.13. During the fiscal year ended March 31, 2011 it sold 171687.79
metric tons of sugar, 25175 metric tons of pulses and 239345.68 metric tons of
other commodities. During the fiscal year 2011 the Sakuma Exports Limited sold
1801438 units of electricity.
Hinduja Global Solutions Ltd (HGS)
The stock has currently a dividend yield of
6.97% and a market cap of 5.91 Billion. It is headquartered in Banglore its
largest IT base is in Nagercoil and main process is MegaPath in Banglore.
During the fiscal year ended March 31, 2012 it added 18 centers which include
the addition of 10 centers from OLS, Inc., four centers of HGS Business
Services private Limited and four centers on an organic basis. In June 2013 the
company announced the opening of its twelfth deliver center in Barrie in
Ontario, Canada.
You can get more information on Indian
dividend stocks you can get it from our site DividendInvestor.in