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Moneylife » Investing » Stocks » Gandhi Special Tubes: Quality speaks

Gandhi Special Tubes: Quality speaks

    • Ankit
    • Sachin Purohit
    • Ankit
    • 3 comments

Moneylife Digital Team | 28/01/2013 11:47 AM | 

Unexciting but steady growth and high dividends makes this a safe stock

Gandhi Special Tubes (GST) is an unexciting stock. It makes high-quality products, does not undertake unnecessary expansions and is not covered by analysts or the popular media. Indeed, if you buy this stock, it may not move at all for months. But perhaps this is the kind of stock you need for your long-term portfolio. After all, it paid dividends of 120% in 2012 and 100% in both 2011 and 2010. With a dividend yield of 3.55% and a dividend payout ratio of 29.57%, it is unlikely to disappoint.

The Gandhi...


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