If you are searching for the stock market on the internet then you are already ahead of 96% of Indians as only 4% of Indians invest in the stock market, Out of that 4% some like to invest for the long term, some for the short term, some invest in penny stocks, some invest in the best dividend-paying stocks.
If you are someone who likes to invest in high dividend-paying stocks then you are at the right place as here we have provided you with the 7 best dividend-paying stocks in India where you should be investing if your goal to invest in high dividend-paying stocks.
Bajaj Auto Limited
Bajaj Auto Limited (Bajaj Auto) is a 2/3 wheelers sector company. The total valuation (market value) of the company is ₹1,07,848 crore. The price of one share of the company is ₹3,659.95 in the BSE market today and ₹3,659.30 in the NSE market today. Bajaj Auto Limited was established in the year 2007.
As per the report provided by the company, the total income for the last year stood at Rs 31,652.21 crore and the total sales stood at Rs 29,918.65 crore. The company’s net profit stood at Rs 5,099.98 crore. Bajaj Auto Limited has paid a tax of Rs -1,677.66 crore in the current year.
GAIL
GAIL (India) Limited (GAIL India) Utilities: is a non-electric sector company. The total valuation (market value) of the company is ₹70,646 crore. The price of one share of the company is ₹157.50 in the BSE market today and ₹157.65 in the NSE market today. The company was established in the year 1984.
As per the report provided by the company, the total income for the last year stood at Rs.73,486.84 crore and the total sales stood at Rs.71,870.96 crore. The company’s net profit stood at Rs 6,620.63 crore. GAIL (India) Limited has paid a tax of Rs -1,955.52 crore in the current year.
SJVN Limited
SJVN Limited (SJVN) is a company in the Electric Utilities Sector. The total valuation (market value) of the company is ₹11,180 crores. The price of one share of the company is ₹28.50 in the BSE market today and ₹28.50 in the NSE market today. The company was established in the year 1988.
As per the report provided by the company, the total income for the last year stood at Rs 3,282.09 crore and the total sales stood at Rs 2,701.52 crore. The company’s net profit stood at Rs 1,651.89 crore. SJVN Limited has paid a tax of Rs.-463.63 crore in the current year.
ITC Limited
ITC Limited (ITC) is a company in the cigarette-tobacco products sector. The total valuation (market value) of the company is ₹3,19,603 crore. The price of one share of the company is ₹260.00 in the BSE market today and ₹260.05 in the NSE market today. The company was established in the year 1910.
As per the report provided by the company, the total income for the last year stood at Rs 48,645.07 crore and the total sales stood at Rs 45,619.7 crore. The company’s net profit stood at Rs 15,136.05 crore. ITC Limited has paid a tax of Rs.-4,650.14 crore in the current year.
Hero MotoCorp
Hero MotoCorp Limited is a 2/3-wheelers company. The total valuation (market value) of the company is ₹50,057 crore. The price of one share of the company is ₹ 2,478.05 in the BSE market today and ₹ 2,478.00 in the NSE market today. The company was established in the year 1984.
As per the report provided by the company, the total income for the last year stood at Rs.29,614.43 crore and the total sales stood at Rs.28,836.09 crore. The company’s net profit stood at Rs 3,633.26 crore. Hero MotoCorp Ltd has paid a tax of -544.3 crores in the current year.
Mphasis Limited
Mphasis Limited (Mphasis) is a company in the IT consulting and software sector. The total valuation (market value) of the company is ₹53,384 crore. The price of one share of the company is ₹ 2,791.75 in the BSE market today and ₹ 2,790.15 in the NSE market today. The company was established in the year 1992.
As per the report provided by the company, the total income for the last year stood at Rs 4,670.429 crore and the total sales were Rs 4,347.139 crore. The company’s net profit stood at Rs 1,205.055 crore. Mphasis Limited has paid a tax of Rs.-259.699 crore in the current year.
VST Industries Limited
VST Industries Limited (VST Industries) is a company in the cigarette-tobacco products sector. The total valuation (market value) of the company is ₹ 4,989 crores. The price of one share of the company is ₹3,252.95 in the BSE market today (at the time of writing this article) and ₹3,259.00 in the NSE market today. The company was established in the year 1930.
As per the report provided by the company, the total income for the last year stood at Rs 1,286.713 crore and the total sales stood at Rs 1,239.35 crore. The company’s net profit stood at Rs 304.092 crore. VST Industries Limited has paid a tax of Rs-105.413 crore in the current year.
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