When markets are declining, investing in stocks that are fundamentally strong with robust financial health, effective management, and Investor friendly, turns out to be investments that yield good returns when the market rebounds.
Stocks with high ROCE and high Dividend yield offer a combination of strong growth, profitability, and stability. Investors can also earn passive income from their Investments in these kinds of Stocks.
1. VST INDUSTRIES
VST Industries Limited is a leading Indian tobacco and cigarette manufacturing company, headquartered in Hyderabad, India. Established in 1930, the company is partly owned by British American Tobacco (BAT) and is known for its popular cigarette brands like Total, Charms, Editions, and Special Filter.
With a Market Capitalization of Rs. 4,651 Crore, the Stock is trading at a discount of 44 percent from its 52-week high of Rs. 487. ROCE for the Stock is 32.20 percent and the Divided Yield stands at 5.28 percent.
2. BPCL
Bharat Petroleum Corporation Limited (BPCL) is a leading Indian oil and gas company, engaged in refining, marketing, and distribution of petroleum products. Headquartered in Mumbai, India, BPCL operates some of the country’s largest refineries in Mumbai, Kochi, and Bina.
With a Market Capitalization of Rs. 1,21,368 Crore, the Stock is trading at a discount of 25.79 percent from its 52-week high of Rs. 376. ROCE for the Stock is 32.10 percent and the Divided Yield stands at 8.01 percent.
3. VEDANTA
Vedanta Limited is a leading natural resources and mining company in India, engaged in the production of metals, minerals, and oil & gas. Headquartered in Mumbai, Vedanta operates in zinc, lead, silver, aluminum, copper, iron ore, and power generation, with major assets in India, South Africa, and Namibia.
With a Market Capitalization of Rs. 1,82,791 Crore, the Stock is trading at a discount of 11.38 percent from its 52-week high of Rs. 527. ROCE for the Stock is 20.90 percent and the Divided Yield stands at 9.46 percent.
Written By Abhishek Das
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