Infosys serves a large array of clients ranging from banking and financial services, retail, to telecom. Reliance Industries is the largest conglomerate in India by market capitalization with a diversified portfolio high dividend blue chip stocks in india of businesses in Petrochemicals, Retail, Refining, and Communication. A strong and robust distribution network, high operating margins along with capex investments in the pipeline segment will be the key growth drivers for IOC in the foreseeable future.
CDSL Share Price Target 2024, 2025, 2026, 2027, 2030, and Long Term Prediction
Long-term investors may find blue chip investments to be a dependable and secure source of income. These equities are well-liked by many investors due to their track record of steady development and financial stability. Although there are certain disadvantages to take into account, Indian blue-chip companies can serve as a strong basis for an investing portfolio that is well-diversified. Their unique blend of attractive dividend yields and potential capital appreciation makes them an appealing investment proposition for both income-focused and growth-oriented investors. Next we try to identify a list of high dividend blue chip stocks in India.
Company
GAIL is a PSU undertaking engaged primarily in the transmission and marketing of natural gas. The company’s customers are Bharti Airtel, Vodafone Idea, Reliance Jio and BSNL. Power Finance Corporation Ltd is a Mahratna PSU registered with the RBI as an Infrastructure Finance Company. It is engaged in financing infrastructure projects in the Indian Power sector. Steel Authority of India Limited (SAIL) is one of the largest steel-making companies in India is a Maharatna PSU. SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials.
Factors To Consider Before Investing In Dividend Paying Stocks
The company deducts this tax at source before paying the dividend to the shareholder, so the shareholder does not have to pay additional tax on the dividend income. By following these steps and conducting thorough research, you can identify high dividend-yield stocks that align with your investment objectives and risk tolerance. Nevertheless, dividends continue to be an essential factor in stock investing.
- More details regarding some of the best blue-chip stocks in India are provided here.
- TCS uses cutting-edge technology to power digital transformation and enable organizations globally.
- Indus Towers Limited is engaged in the business of setting up, operating and maintaining wireless communication towers.
- It has a 32.2 per cent share of national refining capacity which is 80.6 MMTPA.
David Dreman in his investment classic, Contrarian Investment Strategies explored this strategy in detail. Dreman took 1500 largest companies from Compustat database and studied them for a period of 27 years beginning January , through 31 December 1996. Companies were sorted into 5 equal groups based on dividend yields and rebalanced quarterly. The only Indian bank to be featured on the Fortune 500 company list, the State Bank of India is the country’s largest and oldest public sector banks with a history of over 200 years.
However, investors should remain vigilant about regulatory changes, credit risk, market competition, interest rate fluctuations, and market volatility. However, investors should remain cognizant of the industry’s cyclical nature, dependency on government projects, supply chain risks, execution challenges, and intense competition. While there are many companies that fall under the bracket of Adani, Adani Enterprises falls under the category of blue chip stocks.
The anticipated target price of HDFC Bank in the near future is Rs. 1910, depending on the company’s performance. This screener will help you identify the stocks which Domestic institutional Investors have sold recently. FII screener will show you the list of stocks which Foreign Institutional Investors are selling off from their portfolios. This screener helps you identify stocks which Foreign Institutional Investors have bought as part of their portfolio.