High Dividend Yield Textile Stocks under Rs 100

The table below shows the high dividend yield textile stocks under Rs 100 based on the Highest Market Capitalization.

What Are The High Dividend Yield Textile Stocks under Rs 100?

High dividend yield textile stocks under Rs 100 refer to textile companies whose share prices are below Rs 100 and offer substantial dividend payouts relative to their stock price. These stocks are appealing to value-oriented investors who seek regular income through dividends while investing in the textile sector. 

Features Of High Dividend Yield Textile Stocks under Rs 100

The feature of high dividend yield textile stocks under Rs 100 is their ability to offer attractive returns through dividends while being accessible to investors looking for affordable entry points. 

1. Affordability: Stocks priced under Rs 100 provide an accessible entry point for investors with limited capital.
2. Stable Cash Flows: Textile companies often have consistent cash flows, enabling them to maintain regular dividend payments.
3. Sector-Specific Growth: The textile sector may benefit from specific market trends, enhancing growth potential.
4. Income Generation: High dividend yields offer a steady income stream, attractive to dividend-seeking investors.
5. Value Investing: These stocks can present value investing opportunities, especially if the market undervalues the company.

Best High Dividend Yield Textile Stocks under Rs 100

The table below shows the best high dividend yield textile stocks under Rs 100 based on the highest day Volume.

Top High Dividend Yield Textile Stocks under Rs 100 in India

The table below shows the top high dividend yield textile stocks under Rs 100 in India based on 1-Year Return. 

Factors To Consider When Investing In High Dividend Yield Textile Stocks under Rs 100

The factors to consider when investing in high dividend yield textile stocks under Rs 100 include understanding the company’s financial health and its ability to sustain dividend payments.

1. Dividend Consistency: Analyze the company’s history of dividend payments to ensure consistent returns. A stable dividend history signals the company’s commitment to returning profits to shareholders.
2. Payout Ratio: Evaluate the payout ratio to see if the company can comfortably pay dividends without compromising growth. A lower ratio typically indicates a sustainable dividend.
3. Debt Levels: High debt levels can strain a company’s finances, affecting its ability to maintain dividends. It’s crucial to invest in companies with manageable debt-to-equity ratios.
4. Growth Prospects: Consider the company’s growth potential. Companies with strong growth prospects are more likely to maintain or increase their dividend payments over time.
5. Market Position: A company’s position within the textile industry can affect its profitability and, in turn, its dividend yields. Invest in companies with a strong competitive advantage.

How To Invest In High Dividend Yield Textile Stocks under Rs 100?

To invest in high dividend yield textile stocks under Rs 100, start by researching companies with strong financials and a consistent dividend history. Open a trading account with a reputed stock broker like Alice Blue, conduct a thorough analysis, and diversify your portfolio. Start with small investments and monitor your portfolio regularly to maximize returns.

Advantages Of Investing In High Dividend Yield Textile Stocks under Rs 100

The primary advantage of investing in high dividend-yield textile stocks under Rs 100 is the potential for regular income through dividends while investing at a lower capital cost.

1. Affordable Entry: With stocks priced under Rs 100, you can build a diversified portfolio with lower capital, reducing risk and allowing broader exposure to the textile sector.
2. Dividend Income: High dividend yields provide a steady income stream, making these stocks attractive to income-focused investors, especially during market volatility.
3. Potential for Capital Appreciation: Low-priced stocks can offer significant upside potential, allowing investors to benefit from both dividends and capital gains as the company grows.
4. Reinvestment Opportunities: Dividends can be reinvested to purchase more shares, compounding your returns over time and accelerating portfolio growth without additional capital investment.
5. Hedge Against Inflation: Dividend income can act as a hedge against inflation, providing a reliable income source even as the cost of living rises.

Risks Of Investing In High Dividend Yield Textile Stocks under Rs 100

The main risk of investing in high dividend yield textile stocks under Rs 100 is the potential for dividend cuts if the company faces financial difficulties, reducing expected income.

1. Market Volatility: Low-priced stocks can be highly volatile, with prices subject to significant fluctuations, potentially leading to capital loss if not managed carefully.
2. Dividend Sustainability: Companies may struggle to maintain high dividends, particularly in downturns, leading to reduced income or no dividend payments at all.
3. Limited Growth: Some low-priced textile stocks may have limited growth potential, capping the upside for capital appreciation and reducing overall investment returns.
4. Sectoral Risks: The textile sector is subject to risks like changing consumer preferences and global competition, which can impact the profitability of companies and, by extension, their dividend payouts.
5. Liquidity Issues: Stocks under Rs 100 may have lower liquidity, making it harder to buy or sell large quantities without affecting the stock price, especially in volatile markets.

Introduction to High Dividend Yield Textile Stocks under Rs 100

Trident Ltd

The Market Cap of Trident Ltd is Rs. 19,227.92 crore. Its one-year return is 14.83%. The stock is 44.42% away from its 52-week high.

Trident Limited is an Indian company that is involved in the production, trade, and sale of textiles as well as paper and chemicals. The company operates through two divisions: Textiles and Paper and Chemical. 

The Textiles division encompasses the manufacturing of yarn, towels, bedsheets, and dyed yarn, along with utility services. The Paper and Chemical division includes products such as paper and sulfuric acid, along with utility services. Trident Limited has manufacturing facilities in Barnala, Punjab, and Budni, Madhya Pradesh.  

Filatex India Ltd

The Market Cap of Filatex India Ltd is Rs. 1692.30 crores. The stock’s monthly return is 2.91%. Its one-year return is 46.18%. The stock is 26.42% away from its 52-week high.

Filatex India Limited, an India-based company, is involved in the production and trade of synthetic yarn and textiles. The company manufactures polyester and polypropylene multifilament yarn, as well as polyester chips. 

It offers a wide range of synthetic yarns, including polyester partially oriented yarns (POY), polyester filament yarns, fully drawn yarns (FDY), drawn textured yarn (DTY), air textured yarn (ATY), polypropylene yarn (PPY), and narrow woven fabrics (NWF).  

Vardhman Acrylics Ltd

The Market Cap of Vardhman Acrylics Ltd is Rs. 506.69 crore. The stock’s monthly return is 1.77%. Its one-year return is 9.90%. The stock is 26.80% away from its 52-week high.

Vardhman Acrylics Limited, an India-based company, specializes in manufacturing and supplying various types of acrylic fiber and tow. Operating out of a manufacturing facility in Gujarat, India, the company markets its products under the VARLAN brand. 

These products cater to a wide range of needs, such as non-shrinkable, high shrinkage, medium shrinkage, very high shrinkable, and various tow options. Additionally, the company offers different types of staples aimed for open-end usage, providing characteristics like a soft touch and high water absorbency.  

VTM Ltd

The market cap of VTM Ltd is Rs. 281.59 crore. The stock’s monthly return is 0.00%. Its one-year return is 21.63%. The stock is 13.95% away from its 52-week high.

VTM Limited is an Indian company that produces textile products, focusing on manufacturing grey weaving essentials for both domestic and international markets. Their product range includes various types such as Square Inch Drills, Twills, Sateens, Piques, Jacquards, and an assortment of Complex Dobbies.

In addition, they utilize over 80 Sulzer machines, six Rapier Leno looms, 163 Air jets, and nine Jacquard machines to collectively generate about 1.8 million meters of fabric monthly. The company is well-equipped to handle special fabric manufacturing requirements as well.

Standard Industries Ltd

The Market Cap of Standard Industries Ltd is Rs. 211.06 crore. The stock’s monthly return is 24.21%. Its one-year return is 39.73%. The stock is 24.84% away from its 52-week high.

Standard Industries Limited, an India-based holding company, is involved in property division and trading of textiles and chemicals. The company operates through two primary segments: Property Division and Trading. 

In its trading activities, the company deals in a variety of textile products, including 100% cotton towels, bed sheets, interlining fabric, cotton and blended dhotis, and cotton/PC blended, and poly-viscose suiting.

APM Industries Ltd

The market capitalization of APM Industries Ltd is Rs. 127.85 crore. The stock’s monthly return is -0.90%. Its one-year return is 7.79%. The stock is 62.19% away from its 52-week high.

APM Industries Limited is an Indian company that specializes in the production and sale of man-made fiber spun yarn and sewing thread. The company manufactures single auto-coned spliced yarn and double yarn auto-coned.

Its product range includes polyester/viscose blended spun yarn, polyester/acrylic blended fiber-dyed yarn, 100% polyester yarns, 100% acrylic yarns, and 100% polyester fancy yarns. Operating under the brand name Orient Syntex, the company produces synthetic blended spun yarns. Its textile spinning unit, Orient Syntex, has a capacity of approximately 55,584 spindles and can produce around 18 million kilograms of yarn annually. 

Super Tannery Ltd

The Market Cap of Super Tannery Ltd is Rs. 107.54 crore. The stock’s monthly return is 0.91%. Its one-year return is 34.21%. The stock is 31.55% away from its 52-week high.

Super Tannery Limited, an Indian company, specializes in buffalo leather tanning and exports leather products such as footwear. The company’s areas of expertise include manufacturing leather for various purposes such as automotive upholstery, safety, and lifestyle footwear, bags, belts, sporting goods, and equestrian equipment. 

It operates seven state-of-the-art manufacturing units that meet global standards. Its product range includes a variety of leather offerings such as embossed leather, lifestyle/milled leather, and belts, as well as safety and lifestyle footwear in various styles and colors, belts, and accessories.

Top High Dividend Yield Textile Stocks under Rs 100 – FAQs

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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.