5 stocks likely to pay back well(indian stock market)
When the market is moving up, most of the return on equity investments would come from price appreciation. But not when it is falling. That's when you need stocks that are likely to pay back well in the long term
Garware-Wall Ropes --- 2.76
GSK Consumer Healthcare --- 1.91
TN Newsprint & Papers --- 3.61
Tata Chemicals --- 3.38
J&K Bank --- 1.76
| | Profit after tax (Rs Cr) | Profit after tax to sales (%) | Return on net worth (%) | ||||||
| Company | 2005 | 2006 | 2007 | 2005 | 2006 | 2007 | 2005 | 2006 | 2007 |
| Garware-Wall Ropes | 13.26 | 14.86 | 22.22 | 5.08 | 5.17 | 6.54 | 9.58 | 10.5 | 15.16 |
| GSK Consumer Health. | 73.16 | 107.15 | 126.93 | 6.29 | 8.72 | 9.78 | 12.52 | 19.4 | 23.89 |
| TN Newsprint & Papers | 37.95 | 80.55 | 86.06 | 3.78 | 7.78 | 9.09 | 6.13 | 14.03 | 15.87 |
| Tata Chemicals | 340.55 | 353.03 | 444.21 | 6.98 | 8.1 | 9.53 | 10.73 | 14.18 | 17.2 |
| J&K bank | 115.07 | 176.83 | 274.49 | 7.43 | 10.36 | 14.45 | 7.12 | 10.14 | 14.35 |