1. Dividend yield stocks
July 02, 2008
Idirect Face CMP Dividend yield
Co_Name Ex Date Dividend %
code Value (30/06/08) (%)
Ultramarine Pig. ULTPIG 11/7/2008 150% 2 40.8 7.35
GIC Housing Fin GICHOU 16/07/2008 40% 10 57.05 7.01
VST Inds. VSTIND 11/7/2008 200% 10 301.6 6.63
Munjal Showa MUNSHO 17/07/2008 100% 2 31 6.45
Apcotex Industri APCLAT 2/7/2008 30% 10 47.95 6.26
Hawkins Cookers HAWCOO 16/07/2008 100% 10 172 5.81
Thirumalai Chem. THICHE 4/7/2008 100% 10 174.15 5.74
Ador Welding ADVOER 17/07/2008 80% 10 140.1 5.71
MUSCO MAHUGI 9/7/2008 30% 10 52.6 5.70
Atul ATUL 18/07/2008 30% 10 52.8 5.68
XPRO India XPRIND 17/07/2008 15% 10 26.9 5.58
Borax Morarji BORMOR 8/7/2008 35% 10 63.5 5.51
NIIT Tech. NIITEC 18/07/2008 65% 10 121.5 5.35
Kabra Extrusion KABEXT 4/7/2008 60% 10 113.45 5.29
PAE PREAUT 17/07/2008 15% 10 28.5 5.26
Ashok Leyland ASHLEY 16/07/2008 150% 1 28.65 5.24
CEAT CEAT 9/7/2008 40% 10 77.75 5.14
Kanoria Chem. KANCH 8/7/2008 30% 5 29.3 5.12
Graphite India CAREVE 11/7/2008 150% 2 59.15 5.07
IP Rings IPRING 15/07/2008 25% 10 50.1 4.99
Hilton Metal HILMET 8/7/2008 10% 10 20.35 4.91
Super Sales Ind SUPSAL 14/07/2008 50% 10 102 4.90
Mangalam
MANCEM 4/7/2008 50% 10 103.85 4.81
Cement
Natl. Peroxide NATPER 7/7/2008 80% 10 169.75 4.71
Guj. Hotels GUJHOT 11/7/2008 25% 10 53.4 4.68
V-Guard Indus VGUARD 4/7/2008 25% 10 54.15 4.62
GTN Textiles GTNTEX 17/07/2008 6% 10 13.5 4.44
Plastiblends (I) PLASTI 4/7/2008 70% 10 160.05 4.37
Excel Crop Care EXCCRO 3/7/2008 100% 5 117.2 4.27
Machino Plastics MACPLA 14/07/2008 20% 10 47.55 4.21
Orient Abrasives ORIABR 7/7/2008 90% 1 21.55 4.18
Everest Inds. ETEEVE 17/07/2008 40% 10 97.85 4.09
Karur Vysya Bank KARVYS 16/07/2008 120% 10 295.2 4.07
Deepak Fert. DEEFER 11/7/2008 35% 10 87.7 3.99
South Asian Petr SOUAS 11/7/2008 5% 10 12.6 3.97
Aeonian Invest. AEOINV 18/07/2008 350% 2 177.4 3.95
Bank of Baroda BANBAR 17/07/2008 80% 10 203.25 3.94
Indag Rubber INDRUB 11/7/2008 20% 10 52.45 3.81
J K Cements Ltd JKCEME 16/07/2008 50% 10 131.95 3.79
Bimetal Bearings BIMBEA 14/07/2008 70% 10 185.05 3.78
Tanfac Inds. TANIND 9/7/2008 17.50% 10 46.3 3.78
Goa Carbon GOACAR 18/07/2008 30% 10 80.25 3.74
Indraprastha Gas INDGAS 14/07/2008 40% 10 110.05 3.63
Karnataka Bank KARBAN 3/7/2008 50% 10 138.15 3.62
Contd. On next page
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2. Co_Name Idirect Face CMP Dividend yield
Ex Date Dividend %
code Value (30/06/08) (%)
Novartis India NOVART 7/7/2008 200% 5 280.3 3.57
Tata Elxsi TATELX 9/7/2008 70% 10 202.75 3.45
Unichem Labs. UNILAB 10/7/2008 100% 5 151.4 3.30
Wendt India WENDT 8/7/2008 200% 10 625 3.20
Tata Chemicals TATCHE 18/07/2008 90% 10 286.75 3.14
IDBI Bank IDBBAN 16/07/2008 20% 10 64.5 3.10
Varun Ship. Co. VARSHI 10/7/2008 20% 10 65.6 3.05
TTK Prestige TTKPRE 15/07/2008 35% 10 115 3.04
Coromandel Fert. CORFER 14/07/2008 175% 2 115.05 3.04
Mahindra Comp SIRPLA 10/7/2008 10% 10 33.5 2.99
J & K Bank JAMKAS 10/7/2008 155% 10 527.25 2.94
GRUH Finance GRUFIN 11/7/2008 40% 10 137.2 2.92
Schrader Duncan SSDUNC 10/7/2008 45% 10 155.4 2.90
Bhoruka Alum. BHOALU 10/7/2008 12% 10 41.55 2.89
Finolex Cables FINCAB 17/07/2008 75% 2 53.4 2.81
Gabriel India GABIND 10/7/2008 40% 1 14.35 2.79
Seshasayee
SESPAP 15/07/2008 40% 10 150.25 2.66
Paper
NOCIL NOCIL 10/7/2008 5% 10 19.95 2.51
DFM Foods DFMFOO 14/07/2008 5% 10 20 2.50
Phillips Carbon PHICAR 16/07/2008 40% 10 160 2.50
Stewarts & Lloyd STELLO 10/7/2008 30% 10 120.25 2.49
Lak. Electrical LAKELE 10/7/2008 60% 10 241.2 2.49
Shasun
SHADRU 17/07/2008 50% 2 40.25 2.48
Chemicals
Nava Bharat Vent NAVBHA 15/07/2008 300% 2 245.45 2.44
Kirl.Pneumatic KIRPNE 8/7/2008 70% 10 291.25 2.40
Birla Corp. BIRCOR 14/07/2008 40% 10 166.5 2.40
M&M MAHMAH 3/7/2008 115% 10 485.05 2.37
Alstom Projects ABBALS 15/07/2008 80% 10 340.75 2.35
Sobha
SOBDEV 16/07/2008 65% 10 279.4 2.33
Developers
Polaris Software POLSOF 9/7/2008 30% 5 66.6 2.25
Tube Investments TUBINV 9/7/2008 50% 2 44.4 2.25
Orient Paper ORIPAP 3/7/2008 70% 1 31.4 2.23
Federal Bank FEDBAN 10/7/2008 40% 10 182 2.20
Tata Steel TISCO 18/07/2008 160% 10 728.35 2.20
Lak. Mach. Works LAKMAC 14/07/2008 250% 10 1153.95 2.17
Thermax THERMA 10/7/2008 400% 2 373.2 2.14
JRG Securities JRGSEC 3/7/2008 7.50% 10 35.2 2.13
Kirl. Brothers KIRBRO 3/7/2008 200% 2 190 2.11
Balaji Telefilms BALTEL 17/07/2008 175% 2 169.4 2.07
Repro India REPIND 10/7/2008 20% 10 96.95 2.06
Source : Capitaline, ICICIdirect Research
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3. RATING RATIONALE
ICICIdirect endeavors to provide objective opinions and recommendations. ICICIdirect assigns ratings to its
stocks according to their notional target price vs current market price and then categorises them as
Outperformer, Performer, Hold, and Underperformer. The performance horizon is 2 years unless specified and
the notional target price is defined as the analysts' valuation for a stock.
Outperformer: 20% or more
Performer: Between 10% and 20%
Hold: +10% return
Underperformer: -10% or more
Pankaj Pandey Head - Research pankaj.pandey@icicidirect.com
ICICIdirect Research Desk,
ICICI Securities Limited,
Mafatlal House, Ground Floor,
163, HT Parekh Marg,
Churchgate, Mumbai – 400 020
research@icicidirect.com
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