Many investors is looking for trade in Indian stock and may consider India to be the most secure of the three Asian BRIC countries, safer than Russia or China. Since the New York Stock Exchange has very strict requirements for being listed, investors often look towards NYSE stocks especially when investing in the company of a foreign country. Here are some Indian stocks worth looking for trade on the New York Stock Exchange and most pay dividends.Also more stock to watch for today Right Here.I also have technical analysis different stocks-Right Here.
HDFC Bank Ltd. (HDB)-HDFC Bank Ltd. (HDB) is a Mumbai-based bank which provides retail banking, wholesale banking, and treasury services. The stock has a P/E of 29.43, and a yield of 0.6%.
Patni Computer Systems Ltd. (PTI)- Patni Computer Systems Ltd. (PTI) is in the business of information technology consulting, and software development. The stock has a P/E of 10.57, a yield of 0.6%, and a PEG of 0.69.
Dr. Reddy's Laboratories Ltd. (RDY)- Dr. Reddy's Laboratories Ltd. (RDY) is a pharmaceutical company which researches, develops and markets drugs for the treatment of cancer, cardiovascular disorders, bacterial infection, and metabolic disorders. The stock has a P/E of 10.26, and a P/S of 1.63. It does not pay dividends.
ICICI Bank Ltd. (IBN)- ICICI Bank Ltd. (IBN) is an India-based bank holding company which provides commercial banking, investment banking, and insurance services. The stock has a P/E of 26.5, and a yield of 1.1%.
Mahanagar Telephone Nigam Ltd. (MTE) - Mahanagar Telephone Nigam Ltd. (MTE) provides telecommunications services in Delhi, and Mumbai. The stock has a P/E of 13.9, a yield of 4.3%, and a PEG of 1.96.
Tata Motors Ltd. (TTM) - Tata Motors Ltd. (TTM) is a manufacturer of passenger, and commercial vehicles. The P/E is 11.8, and it generates a yield of 2.3%.
Videsh Sanchar Nigam Ltd. (VSL) - Videsh Sanchar Nigam Ltd. (VSL) provides voice, data, and value-added services to companies around the world. The stock has a very high P/E of 426, a PEG of 2.75, and a yield of 1%.
Wipro Ltd. (WIT) -Wipro Ltd. (WIT) is in the business of offering information technology services and products, and business process outsourcing services. The stock has a P/E of 26.44, a PEG of 1.07, and a yield of 0.9%.
Satyam Computer Services Ltd. (SAY) - Satyam Computer Services Ltd. (SAY) is in the business of information technology services, and business process outsourcing services. It has a P/E of 27.14, a PEG of 0.93, and a yield of 0.6%.
Sterlite Industries India Ltd. (SLT) - Sterlite Industries India Ltd. (SLT) is a major producer of copper in India. It has a low P/E of 6.82. Its earnings for the latest quarter were up 30% year over year on a revenue increase of 33%.
WNS Holdings Ltd. (WNS) - WNS Holdings Ltd. (WNS)provides many services including outsourcing services which include data, voice, and analytical services, reservation, customer service, Web support, revenue accounting, audit and recovery, and financial services processing. The stock has a P/E of 35.57, and a PEG of 0.93.
Technologies (INFY -8.3%) FQ1. Shares tumble after the company makes a greater-than-expected cut to its FY 2013 sales forecast due to the global economic uncertainty. Infosys predicts that revenue will rise 5% to $7.34B, down from its April guidance of 8%-10% growth. Consensus is for 6%-8%. FQ1 net profit +33% to 22.9B rupees ($409M)
Below these are the Best Performing Indian stocks on July 11, 2012.
Ticker Company Performance
WNS WNS (Holdings) Ltd. 4.63%
PTI Patni Computer Systems Limited 1.74%
RDY Dr. Reddy's Laboratories Ltd. 0.47%
IBN ICICI Bank Ltd. 0.45%
SLT Sterlite Industries (India) Ltd. 0.26%
INFY Infosys Ltd. 0.23%
MMYT MakeMyTrip Limited 0.21%
MTE Mahanagar Telephone Nigam Ltd. 0.00%
HDB HDFC Bank Ltd. 0.00%
SIFY Sify Technologies Limited 0.00%
WIT Wipro Ltd. -0.12%
TCL Tata Communications Limited -0.92%
REDF Rediff.com India Ltd. -1.55%
TTM Tata Motors Ltd. -1.68%
HDFC Bank Ltd. (HDB)-HDFC Bank Ltd. (HDB) is a Mumbai-based bank which provides retail banking, wholesale banking, and treasury services. The stock has a P/E of 29.43, and a yield of 0.6%.
Patni Computer Systems Ltd. (PTI)- Patni Computer Systems Ltd. (PTI) is in the business of information technology consulting, and software development. The stock has a P/E of 10.57, a yield of 0.6%, and a PEG of 0.69.
Dr. Reddy's Laboratories Ltd. (RDY)- Dr. Reddy's Laboratories Ltd. (RDY) is a pharmaceutical company which researches, develops and markets drugs for the treatment of cancer, cardiovascular disorders, bacterial infection, and metabolic disorders. The stock has a P/E of 10.26, and a P/S of 1.63. It does not pay dividends.
ICICI Bank Ltd. (IBN)- ICICI Bank Ltd. (IBN) is an India-based bank holding company which provides commercial banking, investment banking, and insurance services. The stock has a P/E of 26.5, and a yield of 1.1%.
Mahanagar Telephone Nigam Ltd. (MTE) - Mahanagar Telephone Nigam Ltd. (MTE) provides telecommunications services in Delhi, and Mumbai. The stock has a P/E of 13.9, a yield of 4.3%, and a PEG of 1.96.
Tata Motors Ltd. (TTM) - Tata Motors Ltd. (TTM) is a manufacturer of passenger, and commercial vehicles. The P/E is 11.8, and it generates a yield of 2.3%.
Videsh Sanchar Nigam Ltd. (VSL) - Videsh Sanchar Nigam Ltd. (VSL) provides voice, data, and value-added services to companies around the world. The stock has a very high P/E of 426, a PEG of 2.75, and a yield of 1%.
Wipro Ltd. (WIT) -Wipro Ltd. (WIT) is in the business of offering information technology services and products, and business process outsourcing services. The stock has a P/E of 26.44, a PEG of 1.07, and a yield of 0.9%.
Satyam Computer Services Ltd. (SAY) - Satyam Computer Services Ltd. (SAY) is in the business of information technology services, and business process outsourcing services. It has a P/E of 27.14, a PEG of 0.93, and a yield of 0.6%.
Sterlite Industries India Ltd. (SLT) - Sterlite Industries India Ltd. (SLT) is a major producer of copper in India. It has a low P/E of 6.82. Its earnings for the latest quarter were up 30% year over year on a revenue increase of 33%.
WNS Holdings Ltd. (WNS) - WNS Holdings Ltd. (WNS)provides many services including outsourcing services which include data, voice, and analytical services, reservation, customer service, Web support, revenue accounting, audit and recovery, and financial services processing. The stock has a P/E of 35.57, and a PEG of 0.93.
Technologies (INFY -8.3%) FQ1. Shares tumble after the company makes a greater-than-expected cut to its FY 2013 sales forecast due to the global economic uncertainty. Infosys predicts that revenue will rise 5% to $7.34B, down from its April guidance of 8%-10% growth. Consensus is for 6%-8%. FQ1 net profit +33% to 22.9B rupees ($409M)
Below these are the Best Performing Indian stocks on July 11, 2012.
Ticker Company Performance
WNS WNS (Holdings) Ltd. 4.63%
PTI Patni Computer Systems Limited 1.74%
RDY Dr. Reddy's Laboratories Ltd. 0.47%
IBN ICICI Bank Ltd. 0.45%
SLT Sterlite Industries (India) Ltd. 0.26%
INFY Infosys Ltd. 0.23%
MMYT MakeMyTrip Limited 0.21%
MTE Mahanagar Telephone Nigam Ltd. 0.00%
HDB HDFC Bank Ltd. 0.00%
SIFY Sify Technologies Limited 0.00%
WIT Wipro Ltd. -0.12%
TCL Tata Communications Limited -0.92%
REDF Rediff.com India Ltd. -1.55%
TTM Tata Motors Ltd. -1.68%
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