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Vedanta, Stovec Industries, Balmer Lawrie Investments, VST Industries, Castrol India, ICICI Securities, and Swaraj Engines, among others, have consistently delivered over 100% dividends over the past five years. Dividend yields - a measure of how much a company pays out in dividends each year compared to its stock price - of these firms range between 3% and 6%.
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India continues to display impressive macroeconomic resilience. Key indicators such as the current account deficit, fiscal deficit, and inflation are under control, positioning the economy for sustainable growth.
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The Nifty targets of 78% of the poll participants - including fund managers and brokers - suggest a 5-16% upside over 2024's closing level of 23,644.80 on Tuesday.
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