Data courtesy Abhishek:
The
recent downtrend in the stock markets is posing challenges to
investors looking for safe returns. The carnage
in
the market has led to erosion of market capitalisation of even
fundamentally strong companies with a consistent
financial
performance and investor wealth creation track record. We have
identified companies, which have a
stable
dividend payment record and which are trading below their book value.
Such stocks offer a safe haven to
investors
where safety is of greater priority compared to high returns.
Company
& ICICI code
|
Dividend
% 2008
|
Dividend
% 2007
|
FV
|
Mcap
(Cr)
|
Div.
Yield %
|
CMP
(Rs) 14/10/08
|
52W
High
|
52W
Low
|
Price/BV
|
|
|
MTNL
MTNL
|
40
|
40
|
10
|
4382
|
5.8
|
69.55
|
219.45
|
62.5
|
0.37
|
|
|
Ship.
Corp. (I) SCI
|
85
|
85
|
10
|
3573
|
6.7
|
126.55
|
332
|
115.05
|
0.63
|
|
|
Syndicate
Bank SYNBN
|
28
|
28
|
10
|
3069
|
4.8
|
58.80
|
131.05
|
46.00
|
0.79
|
|
|
Allahabad
Bank ALLBAN
|
35
|
30
|
10
|
2810
|
5.6
|
62.90
|
143
|
53.10
|
0.65
|
|
|
Andhra
Bank ANDBAN
|
40
|
38
|
10
|
2580
|
7.5
|
53.20
|
129.8
|
47.70
|
0.79
|
|
|
Chennai
Petroleum MADREF
|
170
|
120
|
10
|
2415
|
10.5
|
162.15
|
490.05
|
159.00
|
0.70
|
|
|
J&K
Bank JAMKAS
|
155
|
115
|
10
|
2207
|
3.4
|
455.15
|
969.9
|
380.00
|
0.97
|
|
|
Nirma
NIRMA
|
80
|
80
|
5
|
1629
|
3.9
|
102.35
|
277
|
94.05
|
0.63
|
|
|
Bank
of Mah BANMAH
|
20
|
20
|
10
|
1253
|
6.9
|
29.10
|
96.5
|
25.10
|
0.71
|
|
|
GNFC
GNFC
|
42.5
|
42.5
|
10
|
947
|
7.0
|
60.90
|
231
|
57.60
|
0.51
|
|
|
Bongaigaon
Ref. BONREF
|
50
|
35
|
10
|
861
|
11.6
|
43.10
|
116.8
|
40.00
|
0.75
|
|
|
Guj
Inds Power GUJIP
|
25
|
20
|
10
|
775
|
4.9
|
51.25
|
184.7
|
45.00
|
0.68
|
|
|
Varun
Ship. Co. VARSHI
|
50
|
45
|
10
|
722
|
10.4
|
48.15
|
110.5
|
44.15
|
0.79
|
|
|
GSFC
GSFC
|
45
|
45
|
10
|
631
|
5.7
|
79.10
|
370
|
74.90
|
0.43
|
|
|
Graphite
India CAREVE
|
150
|
150
|
2
|
620
|
7.3
|
41.05
|
95.8
|
36.50
|
0.89
|
|
|
Deepak
Fert DEEFER
|
35
|
30
|
10
|
541
|
5.7
|
61.35
|
178.25
|
51.50
|
0.77
|
|
|
JK
Cements Ltd JKCEME
|
50
|
35
|
10
|
519
|
6.7
|
74.25
|
256.7
|
72.25
|
0.68
|
|
|
TN
Newsprint TAMNEW
|
45
|
40
|
10
|
501
|
6.2
|
72.35
|
147
|
60.10
|
0.76
|
|
|
Tata
Coffee CONCOF
|
70
|
65
|
10
|
329
|
4.0
|
176.10
|
347.8
|
160.00
|
0.96
|
|
|
Sasken
Comm Tech SASCOM
|
40
|
40
|
10
|
284
|
4.0
|
99.30
|
370
|
76.00
|
0.67
|
|
|
West
Coast Paper WESCOA
|
150
|
150
|
2
|
237
|
7.3
|
41.35
|
124
|
39.05
|
0.59
|
|
|
Zensar
Technologies FUJICI
|
38
|
35
|
10
|
198
|
4.6
|
82.60
|
207.9
|
74.00
|
0.97
|
|
|
CEAT
CEAT
|
40
|
18
|
10
|
181
|
7.6
|
52.75
|
244
|
46.00
|
0.36
|
|
|
Mangalam
Cement MANCEM
|
50
|
40
|
10
|
160
|
8.8
|
56.75
|
241
|
52.60
|
0.74
|
|
|
Spanco
Telesys KADLEA
|
20
|
18
|
10
|
95
|
4.4
|
45.95
|
286
|
42.00
|
0.31
|
|
|