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High Dividend Yield Construction Stocks under Rs.1000 English

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High Dividend Yield Construction Stocks under Rs 1000

The table below shows the high dividend yield construction stocks under Rs 1000 based on the Highest Market Capitalization.

NameMarket Cap (Cr)Close PriceDividend Yield %
Ircon International Ltd26898.75267.51.08
NCC Ltd21607.34322.00.64
Engineers India Ltd14253.39238.31.18
Praj Industries Ltd12704.24654.150.87
Welspun Enterprises Ltd7633.85543.90.59
Man Infraconstruction Ltd7266.11186.770.83
GPT Infraprojects Ltd1958.07160.020.89
Mold-Tek Technologies Ltd714.83229.90.79

What Are The High Dividend Yield Construction Stocks under Rs 1000?

High dividend yield construction stocks under ₹1,000 are shares of companies in the construction industry that offer substantial dividends. These stocks attract investors seeking regular income and exposure to a sector essential for infrastructure development, making them appealing for their combination of affordability, steady income, and potential growth.

Features Of High Dividend Yield Construction Stocks under 1000

The feature of high dividend yield construction stocks under ₹1000 is their ability to offer consistent dividend income while being moderately priced, making them attractive to investors seeking stable returns and exposure to the growing construction and infrastructure sectors.

  1. Affordable Investment: Priced under ₹1000, these construction stocks are accessible to a broad range of investors, providing an opportunity to invest in the sector without requiring significant capital.
  2. Attractive Dividend Yields: These stocks typically offer high dividend yields, providing a reliable and steady income stream, and are particularly appealing to income-focused investors.
  3. Sector Stability: The ongoing demand for infrastructure development and real estate projects ensures steady revenue for construction companies, allowing them to maintain regular earnings and consistent dividend payouts.
  4. Growth Potential: With increasing urbanization, government infrastructure initiatives, and real estate development, these stocks often have significant growth potential, offering opportunities for capital appreciation in addition to dividend income.
  5. Diversified Operations: Many construction companies operate across various segments, including residential, commercial, and industrial projects, which helps mitigate risks and support sustained profitability, ensuring the ability to continue paying dividends.

Best High Dividend Yield Construction Stocks under ₹1000

The table below shows the best high dividend yield construction stocks under ₹1000 based on the highest day Volume.

NameClose PriceDaily Volume (Shares)Dividend Yield %
Ircon International Ltd267.514335052.01.08
NCC Ltd322.012794657.00.64
Engineers India Ltd238.35801461.01.18
Man Infraconstruction Ltd186.771083856.00.83
Welspun Enterprises Ltd543.9848710.00.59
Praj Industries Ltd654.15807747.00.87
Mold-Tek Technologies Ltd229.9377809.00.79
GPT Infraprojects Ltd160.02346265.00.89

Top High Dividend Yield Construction Stocks under Rs 1000 in India

The table below shows the top high dividend yield construction stocks under Rs 1000 in India based on 1 Year Return. 

NameClose Price1Y Return %Dividend Yield %
GPT Infraprojects Ltd160.02311.740.89
Ircon International Ltd267.5162.771.08
NCC Ltd322.0106.680.64
Welspun Enterprises Ltd543.998.00.59
Engineers India Ltd238.369.411.18
Praj Industries Ltd654.1547.130.87
Man Infraconstruction Ltd186.7729.250.83
Mold-Tek Technologies Ltd229.9-32.510.79

Factors To Consider When Investing In High Dividend Yield Construction Stocks under 1000

The main factors to consider when investing in high dividend yield construction stocks under ₹1000 include evaluating the company’s financial stability, project pipeline, and the overall health of the construction industry.

  1. Dividend History: Review the company’s past performance in paying dividends to assess reliability and stability in returns.
  2. Financial Strength: Analyze financial indicators such as cash flow, debt levels, and profit margins to ensure the company can sustain and potentially grow its dividend payments.
  3. Project Pipeline: Consider the company’s current and upcoming construction projects, as a strong pipeline can drive future revenue and support consistent dividends.
  4. Industry Trends: Evaluate broader construction industry trends, including infrastructure spending and real estate market conditions, which can impact company performance.
  5. Regulatory Environment: Understand how local and national regulations, including zoning laws and construction standards, may affect the company’s operations and profitability.

How To Invest In High Dividend Yield Construction Stocks under ₹1000?

To invest in high dividend yield construction stocks under ₹1000, start by researching companies with a solid dividend history and strong financial performance in this price range. Open a trading account with a reputable broker like alice blue, complete the KYC process, and use the broker’s platform to purchase shares of the selected construction stocks.

Advantages Of Investing In High Dividend Yield Construction Stocks under Rs 1000

The primary advantage of investing in high dividend yield construction stocks under ₹1000 is the potential for regular income through dividends while gaining exposure to a sector with growth opportunities.

  1. Affordable Investment: Stocks under ₹1000 offer an accessible entry point for investors, allowing for diversification without substantial capital.
  2. Regular Income: High dividend yield stocks provide a steady income stream, appealing to investors seeking consistent returns.
  3. Sector Growth: The construction industry benefits from infrastructure projects and real estate development, providing growth potential alongside dividends.
  4. Economic Stimulus: Government investments and economic stimulus in infrastructure projects can drive demand for construction services, supporting stable earnings.
  5. Portfolio Diversification: Investing in construction stocks adds sectoral diversity to a portfolio, helping spread risk across different industries.

Risks Of Investing In High Dividend Yield Construction Stocks under Rs 1000

The main risk of investing in high dividend yield construction stocks under ₹1000 is the potential for earnings volatility due to economic cycles and regulatory changes affecting the construction sector.

  1. Economic Cycles: The construction industry is sensitive to economic fluctuations, which can impact project financing and demand, affecting company earnings and dividends.
  2. Regulatory Changes: New or changing regulations, such as stricter building codes or environmental laws, can increase costs and affect profitability.
  3. Project Delays: Delays in project approvals or construction can impact revenue generation and cash flow, leading to potential dividend cuts.
  4. Market Competition: Intense competition within the construction sector can pressure profit margins and impact the ability to sustain high dividend yields.
  5. Material Costs: Volatility in the cost of construction materials, such as steel and cement, can affect profit margins and the ability to maintain dividends.

Introduction to High Dividend Yield Construction Stocks under Rs 1000

Ircon International Ltd

The Market Cap of Ircon International Ltd is Rs. 26,898.75 crores. The stock’s monthly return is -0.69%. Its one-year return is 162.77%. The stock is 31.44% away from its 52-week high.

Ircon International Limited, headquartered in India, is a fully integrated engineering and construction firm specializing in infrastructure development across various sectors. These sectors include railways, highways, bridges, tunnels, metro systems, electrification projects, high voltage sub-stations, as well as commercial and residential buildings, and railway production units. 

The company provides engineering procurement and construction (EPC) services for infrastructure projects on a lumpsum turnkey, EPC, and item-rate basis. Ircon collaborates with other central public sector enterprises (CPSEs) under the Ministry of Coal for coal connectivity projects, in addition to undertaking projects under build, operate, transfer (BOT) and hybrid annuity models. 

NCC Ltd

The Market Cap of NCC Ltd is Rs. 21,607.34 crores. The stock’s monthly return is 1.41%. Its one-year return is 106.68%. The stock is 13.20% away from its 52-week high.

NCC Limited, an India-based company, is involved in construction and project activities in the infrastructure sector. The company’s focus is primarily on constructing industrial and commercial buildings, residential projects, roads, bridges, water supply and environmental projects, mining, power transmission lines, irrigation systems and hydrothermal power projects. 

NCC Limited operates in segments such as Construction, Real Estate and Others with geographic segments including Within India and Outside India. The company’s diverse portfolio includes a range of projects such as housing developments, shopping centres, hospitals, highways and sewage treatment plants.  

Engineers India Ltd

The Market Cap of Engineers India Ltd is Rs. 14253.39 crores. The stock’s monthly return is -6.07%. Its one-year return is 69.41%. The stock is 27.53% away from its 52-week high.

Engineers India Limited is an engineering consultancy and engineering, procurement and construction (EPC) company. The company operates in various business segments such as Consultancy & Engineering Projects and Turnkey Projects. 

Its business activities cover hydrocarbon, chemicals and fertilizers, mining and metallurgy, power, and infrastructure sectors. In hydrocarbon operations, the company is involved in petroleum refining, onshore and offshore oil and gas, pipelines, strategic storage, as well as port & terminal services. 

Praj Industries Ltd

The Market Cap of Praj Industries Ltd is Rs. 12,704.24 crores. The stock’s monthly return is -5.57%. Its one-year return is 47.13%. The stock is 15.87% away from its 52-week high.

Praj Industries Limited, headquartered in India, is a biotechnology company with various business segments. These include BioEnergy, Praj HiPurity Systems (PHS), Critical Process Equipment & Skids (CPES), Wastewater Treatment, and Brewery & Beverages. 

The BioEnergy division focuses on technology solutions for different types of biofuels, ranging from conventional ethanol to advanced biofuels like compressed biogas. The company’s subsidiary, PHS, provides high-purity water systems and modular process systems for various industries, including biopharmaceuticals and nutraceuticals.  

Welspun Enterprises Ltd

The market capitalization of Welspun Enterprises Ltd is Rs. 7633.85 crore, with a monthly return of 16.50% and a one-year return of 97.99%. The stock is 6.63% away from its 52-week high.

Welspun Enterprises Ltd, an Indian holding company, is engaged in the road and water infrastructure industry, with investments in the oil and gas sector. The company operates through two main segments: Infrastructure and Oil and Gas.

It undertakes projects under the Hybrid Annuity Model (HAM) and Build-Operate-Transfer (BOT) frameworks. Examples of its HAM projects include the Delhi Meerut Expressway, the Four-Laning of various road sections, the Six-Laning of Aunta – Simaria including a Major Bridge and the Industrial Water Supply Project in Dewas.  

Man Infraconstruction Ltd

The Market Cap of Man Infraconstruction Ltd is Rs. 7266.11 crore. The stock’s monthly return is -0.37%. Its one-year return is 29.25%. The stock is 33.48% away from its 52-week high.

Man Infraconstruction Limited is an Indian company that specializes in integrated engineering, procurement, and construction services. The company is involved in civil construction, project management and real estate development, particularly focusing on building roads through a design-build-finance-operate-transfer (DBFOT) model.

It operates within two main segments: EPC and Real Estate. With expertise in various infrastructure sectors such as port development, residential and commercial construction, industrial projects and road infrastructure, the company offers services like onshore container terminals, land reclamation, firefighting and residential and commercial building construction, including high-rise buildings, townships, hotels and office complexes.

GPT Infraprojects Ltd

The Market Cap of GPT Infraprojects Ltd is Rs. 1958.07 crores. The stock’s monthly return is 12.45%. Its one-year return is 311.74%. The stock is 27.48% away from its 52-week high.

GPT Infraprojects Limited, headquartered in India, primarily focuses on construction projects for infrastructure and is also involved in manufacturing concrete sleepers. The company specializes in handling turnkey construction projects such as railway bridges, riverine bridges on deep-pile or pile foundations, heavy-duty concrete pavements for airports, and elevated metro and light rail systems. 

It operates through its Infrastructure and Concrete Sleeper segments, where the former involves executing construction contracts and other infrastructure activities while the latter focuses on concrete sleeper manufacturing.  

Mold-Tek Technologies Ltd

The Market Cap of Mold-Tek Technologies Ltd is Rs. 714.83 crores. The stock’s monthly return is -4.13%. Its one-year return is -32.51%. The stock is 73.36% away from its 52-week high.

Mold-Tek Technologies Limited is a holding company that specializes in providing civil and mechanical design engineering services. 

The company offers structural engineering, detailing and mechanical engineering services, focusing on designing and detailing structural steel, miscellaneous metals, BIM services, in-house connection design and pre-engineered metal buildings for steel fabricators, architects and general contractors. 

Top High Dividend Yield Construction Stocks under 1000 – FAQs

1. What Are Top High Dividend Yield Construction Stocks under Rs 1000?

Top High Dividend Yield Construction Stocks under Rs 1000 #1:Ircon International Ltd
Top High Dividend Yield Construction Stocks under Rs 1000 #2:NCC Ltd
Top High Dividend Yield Construction Stocks under Rs 1000 #3:Engineers India Ltd
Top High Dividend Yield Construction Stocks under Rs 1000 #4:Praj Industries Ltd
Top High Dividend Yield Construction Stocks under Rs 1000 #5:Welspun Enterprises Ltd
The top 5 stocks are based on market capitalization.

2. What are the Best High Dividend Yield Construction Stocks under 1000?

The Best High Dividend Yield Construction Stocks under 1000? based on one-year returns are GPT Infraprojects Ltd, Ircon International Ltd, NCC Ltd, Welspun Enterprises Ltd, and Engineers India Ltd.

3. Is It Good To Invest In High Dividend Yield Construction Stocks under Rs 1000?

Investing in high dividend yield construction stocks under Rs 1000 can be a promising strategy, offering steady income and exposure to the infrastructure sector. However, construction stocks can be cyclical, so it’s important to assess the company’s financial health, project pipeline and market conditions before investing.

4. Can I Buy High Dividend Yield Construction Stocks under Rs 1000?

Yes, you can buy high dividend yield construction stocks under Rs 1000. These stocks may provide attractive dividends but it’s essential to conduct thorough research on the company’s performance and industry trends and ensure the investment aligns with your financial goals and risk tolerance.

5. How To Invest In High Dividend Yield Construction Stocks under ₹1000?

To invest in high dividend yield construction stocks under ₹1000, open a trading account and complete KYC with Alice Blue. Then, research and select construction stocks that match your dividend and growth strategy.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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