One can add vedl for short term as well as long term at CMP above 240 action will be there in stock.
Pros:
Stock is providing a good dividend yield of 9.41%.
Company has good consistent profit growth of 26.74% over 5 years
Company has been maintaining a healthy dividend payout of 49.71%
Low PE ratio 7.04 among compittator
Cons:
Promoter's stake has decreased
Company has a low return on equity of 1.15% for last 3 years.
Contingent liabilities of Rs.39420.00 Cr.
Earnings include an other income of Rs.10214.00 Cr.
Pros:
Stock is providing a good dividend yield of 9.41%.
Company has good consistent profit growth of 26.74% over 5 years
Company has been maintaining a healthy dividend payout of 49.71%
Low PE ratio 7.04 among compittator
Cons:
Promoter's stake has decreased
Company has a low return on equity of 1.15% for last 3 years.
Contingent liabilities of Rs.39420.00 Cr.
Earnings include an other income of Rs.10214.00 Cr.
Comment:
Trade is still active