in Investment / Stocks and Bonds (submitted 2014-03-19)

Have You heard about peer Comparison? This term is quite important to understand for a newbie investor as if cleverly utilized this term can unveil many undervalued stocks for you in Indian stock market. Peer Comparison is the most widely used method for equity analysis used by professional and individual investors both. Peer Comparison is an effective and quick method to know which stocks are undervalued and which are overvalued. Right Now Indian stock market sensex and nifty both are running choppy as two major players Infosys and ONGC slipped more than 2% from their respective position. It’s a good time to buy stocks as market is seeming promising from quite some time as it has shown the ability to bounce back to it’s original level. Banking, Capital Goods, Consumer durables, FMCG, Health Care and metals sectors stocks have seen a significant growth since last weekend. If you are an investor who believe to invest in dividends paying stocks. I usually myself decides stocks on the basis of their ability to pay regular dividends. Usually I Consist 15 stocks in my portfolio out of which 5 places are reserved for high dividend paying stocks with best dividend yield (ideally I choose within 2.5-5.0% range). If you want to have a look towards high dividend paying Indian stocks, I would advise you to select i financial portal first like Bloomberg, Yahoo Finance, Investing,etc there are many in fact.

If you want to buy High Dividend Paying Indian Stocks, go for stocks which are having best P/E and High EPS in their industry, which are under-priced, which are giving you a high dividend payout, which are giving you high yield dividend rate and which are giving you high dividend growth every year.

Additionally, Here I am suggesting you some stocks that might prove hidden gems for you in terms of earning profit.

Eimco Elecon (India) Ltd — EEI:IN

Company is associated with manufacturing of mining loaders,side dump loaders and load haul dumpers. Organization belongs to machinery industry in industrial sector.

Right now this stock is trading at 174.30 and 168.00 in BSE and NSE respectively.

Other Data:

52 week Range: 98.40-174.30

1 Yr Return: +7.23%

Market Cap:1,005.23 Million INR

Dividend Indicated Gross Yield: 2.29%

P/E: 6.87

Last Dividend Amount: 4.00

Dividend Yield: 2.41%

GVK Power and Infrastructure Limited: GVKPIL