24 stocks with high dividend and low PE combo

The Indian currency markets is certainly going through a rough patch, with the bears dominating the bulls. Since the beginning of 2011, Sensex offers fallen over 14%, not sparing the midcaps or smallcaps. ???? ?????? ??? BSE Midcap and Smallcap indices fell more than 16% and 19% respectively during the same period. ????? ?????? ??????

The Indian currency markets is certainly going through a rough patch, with the bears dominating the bulls. Since the beginning of 2011, Sensex offers fallen over 14%, not sparing the midcaps or smallcaps. BSE Midcap and Smallcap indices fell more than 16% and 19% respectively during the same period.
The Indian stock market is certainly going through a rough patch, with the bears extensively dominating the bulls. Since the beginning of 2011, Sensex offers fallen over 14%, not sparing the midcaps or smallcaps. BSE Midcap and Smallcap indices fell a lot more than 16% and 19% respectively through the same period.

The slide on the market has been because of higher inflation, hike in interest levels, disappointing IIP Mauritius and quantities tax treaty and many other reasons. But investors are employing this decline too with their advantage. Typically, traders are thinking about valuable shares in this type of fall and adopt a ‘buy on dips’ strategy. Thus, when the market bounces back investors are hoping to make maximum RoE (return on investment) in a short period of time.

In this type of market we can take into consideration shares that declare higher dividends, and if the PE is less than or equal to 5, then valuation wise, these stocks may have higher growth rate. ??? ??????

Below is a listing of shares (with marketcap over Rs 250 crore) with high dividend yield but low P/E. Dividend yield is normally greater than or add up to 4% and P/E significantly less than or add up to 10. (As on June 22, 2011)