Four PSU stocks : Safe and Sure returns

These four profit making  PSU stocks can give 20 to 30% kind of returns along with good dividend in one year.


1. HPCL ..CMP 370-375 .......................Dividend Rs 25- 30  .....forward..P/E 7-7.5 .. Tgt 450 
2.Gujarat Industrial Power : CMP 102 to 105 ...Dividend Rs 2.7    forward P/E : 6.5.......Tgt Rs 135
3. GMDC .......... CMP 125-130 ......Dividend Rs 3.0...................F/P/E : 8.5.....................Tgt Rs 155
4 NMDC ......CMP 122-125........Dividend Rs 5 to 8 .................F/P/E :11-12...................Tgt Rs 155


At indicative  prices above stocks have very low downside risk. Once Q-4 results are declared for respective stock, which are expected to be good... could see a decent uptrend.


Long term investors who are looking for safe stocks with minimal risk can invest in above 4 stocks.