The table below shows Plastic Stocks With High Dividend Yields based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (rs) |
Nilkamal Ltd | 2,829.09 | 1,895.85 |
Mold-Tek Packaging Ltd | 2,649.01 | 797.20 |
TPL Plastech Ltd | 700.08 | 89.75 |
Signet Industries Ltd | 247.12 | 83.95 |
Supreme Industries Ltd | 71,297.01 | 5,612.75 |
Time Technoplast Ltd | 6,561.65 | 289.15 |
Rajshree Polypack Ltd | 255.71 | 74.45 |
Xpro India Ltd | 2,203.24 | 999.90 |
Content:
- What Are Plastic Stocks?
- Best Plastic Stocks With High Dividend Yield In India
- Top Plastic Stocks With High Dividend Yield
- Who Should Invest In Plastic Stocks With High Dividend Yield?
- How To Invest In The Plastic Stocks With High Dividend Yield?
- Performance Metrics Of Plastic Stocks With High Dividend Yield In India
- Benefits Of Investing In Plastic Stocks With High Dividend Yield
- Challenges Of Investing In Plastic Stocks With High Dividend Yield In India
- Introduction To Best Plastic Stocks With High Dividend Yield
- List Of Best Plastic Stocks With High Dividend Yield – FAQs
What Are Plastic Stocks?
Plastic stocks represent shares of companies involved in the production, processing, and distribution of plastic materials and products. These companies manufacture a wide range of plastic items used in various industries, including packaging, automotive, construction, and consumer goods.
Investing in plastic stocks can offer growth opportunities, as plastic is a versatile material with a wide range of applications. The demand for plastic products remains strong in both developed and emerging markets, driving the performance of these stocks.
However, plastic stocks can also be affected by environmental concerns and regulatory changes. As the world shifts towards sustainable practices, companies in this sector may face challenges related to plastic waste management and the development of eco-friendly alternatives.
Best Plastic Stocks With High Dividend Yield In India
The table below shows the Best Plastic Stocks With High Dividend Yield In India based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
Time Technoplast Ltd | 289.15 | 258.52 |
TPL Plastech Ltd | 89.75 | 164.36 |
Signet Industries Ltd | 83.95 | 123.57 |
Supreme Industries Ltd | 5,612.75 | 100.54 |
Rajshree Polypack Ltd | 74.45 | 40.52 |
Xpro India Ltd | 999.90 | 36.51 |
Nilkamal Ltd | 1,895.85 | -9.65 |
Mold-Tek Packaging Ltd | 797.20 | -15.94 |
Top Plastic Stocks With High Dividend Yield
The table below shows the Top Plastic Stocks With High Dividend Yield based on 1-Month Return.
Name | Close Price (rs) | 1M Return (%) |
Supreme Industries Ltd | 5,612.75 | 35.09 |
Signet Industries Ltd | 83.95 | 20.50 |
TPL Plastech Ltd | 89.75 | 19.15 |
Time Technoplast Ltd | 289.15 | 8.76 |
Nilkamal Ltd | 1,895.85 | -1.37 |
Mold-Tek Packaging Ltd | 797.20 | -3.23 |
Xpro India Ltd | 999.90 | -8.46 |
Rajshree Polypack Ltd | 74.45 | -12.25 |
Who Should Invest In Plastic Stocks With High Dividend Yield?
Investors seeking steady income and long-term growth should consider plastic stocks with high dividend yields. These stocks are ideal for those with a moderate to high-risk tolerance, looking for regular dividends and potential capital appreciation.
Plastic stocks often perform well in diverse market conditions, providing stability. Companies in this sector frequently have strong cash flows, enabling consistent dividend payments, which can be attractive for income-focused investors.
Additionally, the plastic industry has growth potential driven by demand in various sectors such as packaging, automotive, and healthcare. This makes these stocks appealing to investors aiming to benefit from both dividends and capital growth.
How To Invest In The Plastic Stocks With High Dividend Yield?
To invest in plastic stocks with high dividend yields, research companies with strong financials and consistent dividend payments. Utilize brokerage accounts or investment platforms to buy these stocks, considering diversification to manage risk.
Start by identifying reputable companies in the plastic industry through financial news, reports, and analysis. Look for firms with stable earnings and a history of dividend payouts.
Next, use investment tools like stock screeners to filter high dividend yield stocks. Consider consulting with a financial advisor to align your investments with your financial goals and risk tolerance.
Performance Metrics Of Plastic Stocks With High Dividend Yield In India
Performance metrics of plastic stocks with high dividend yield in India include dividend yield, earnings per share (EPS), price-to-earnings (P/E) ratio, and return on equity (ROE). These metrics help investors assess profitability, valuation, and return potential.
Dividend yield indicates the annual dividend income relative to the stock price, showing how much income an investor can expect. A high dividend yield is attractive for income-seeking investors.
EPS measures a company’s profitability, indicating how much profit is allocated to each share. A higher EPS suggests better profitability. The P/E ratio compares a company’s current share price to its per-share earnings, helping evaluate if a stock is over or undervalued.
Benefits Of Investing In Plastic Stocks With High Dividend Yield
The main benefits of investing in plastic stocks with high dividend yield include steady income through dividends, potential for capital appreciation, and portfolio diversification. These stocks offer financial stability and growth opportunities, making them attractive for both income-focused and long-term investors.
- Steady Income Stream: High dividend yield plastic stocks provide a reliable source of income through regular dividend payments. This steady income is particularly beneficial for retirees or those seeking passive income, ensuring a consistent cash flow regardless of market fluctuations.
- Capital Appreciation Potential: Investing in plastic stocks with high dividends offers potential for capital appreciation. As these companies grow and their stock prices increase, investors can benefit from both dividend income and the rising value of their investments, enhancing overall returns.
- Portfolio Diversification: Including high dividend yield plastic stocks in a portfolio enhances diversification. The plastic industry’s resilience across various economic cycles helps balance risk, ensuring a more stable and diversified investment portfolio, which can mitigate losses during market downturns.
Challenges Of Investing In Plastic Stocks With High Dividend Yield In India
The main challenges of investing in plastic stocks with high dividend yields in India include market volatility, regulatory risks, and environmental concerns. These factors can impact stock performance and dividend stability, making it essential for investors to conduct thorough research and risk assessment.
- Market Volatility: Plastic stocks can be subject to significant market volatility, influenced by economic cycles, demand fluctuations, and raw material prices. This volatility can impact stock prices and dividend payouts, posing a challenge for investors seeking stable returns.
- Regulatory Risks: The plastic industry faces stringent regulations related to environmental impact and waste management. Changes in policies or increased regulatory scrutiny can lead to higher operational costs and compliance requirements, affecting profitability and dividend consistency.
- Environmental Concerns: Growing environmental concerns and the push for sustainable alternatives can impact the long-term viability of plastic companies. As consumer preferences shift towards eco-friendly products, plastic companies may face reduced demand, affecting their financial performance and ability to maintain high dividend yields.
Introduction To Best Plastic Stocks With High Dividend Yield
Supreme Industries Ltd
The Market Cap of Supreme Industries Ltd is ₹71,297.01 crore. The stock has a yearly return of 100.54% and a one-month return of 35.09%. It is currently 0.96% away from its 52-week high.
Supreme Industries Limited is a plastic products manufacturing company operating through four segments: plastic piping products, Industrial products, Packaging products, and Consumer products. The company’s product groups include Plastic Piping Systems, Consumer Products, Industrial Products, and Packaging Products, each designed and manufactured to meet various needs.
The Plastic Piping System division offers products like unplasticized polyvinyl chloride (uPVC) pipes, PVC fittings, and HDPE pipe systems. The Consumer Products division focuses on furniture, while the Industrial Products division provides industrial components, material handling systems, and composite LPG cylinders. With around 28 manufacturing facilities across India, the company offers a wide range of plastic products.
Time Technoplast Ltd
The Market Cap of Time Technoplast Ltd is ₹6,561.65 crore. The stock has a yearly return of 258.52% and a one-month return of 8.76%. It is currently 1.45% away from its 52-week high.
Time Technoplast Limited is an India-based multinational conglomerate specializing in technology-based polymer and composite products. The company manufactures large-size plastic drums, composite cylinders, and intermediate bulk containers. Its segments include Polymer Products and Composite Products, with manufacturing facilities at around 30 locations globally, including 20 in India.
The company’s portfolio features technology-driven products for various industries such as industrial packaging, lifestyle products, material handling solutions, composite cylinders, infrastructure/construction products, and automotive components. Their industrial packaging offerings include drums, jerry cans, and pails, while pipe/infrastructure products encompass pressure pipes, prefabricated shelters, waste/refuse bins, and energy storage devices.
Nilkamal Ltd
The Market Cap of Nilkamal Ltd is ₹2,829.09 crore. The stock has a yearly return of -9.65% and a one-month return of -1.37%. It is currently 47.95% away from its 52-week high.
Nilkamal Limited is an India-based producer of molded plastic furniture, operating through two segments: Plastics, and Lifestyle Furniture, Furnishings, and Accessories. The company’s businesses include Nilkamal Furniture, Nilkamal Mattrezzz, Athome By Nilkamal, Nilkamal BubbleGUARD, and Material Handling. Nilkamal has a network of around 20,000 dealers, 1,100 distributors, and 70 stores across the country.
Nilkamal Mattrezzz offers a range of sleeping pattern-specific products and has manufacturing facilities at Dharuhera, Bhiwandi, Hosur, and Barjora. Athome By Nilkamal, the retail division, designs furniture, homeware, and accessories, with 19 stores across 13 cities, each averaging 16,000 square feet. Nilkamal BubbleGUARD provides honeycomb structured boards, while Material Handling offers solutions to optimize distribution and production operations.
Mold-Tek Packaging Ltd
The Market Cap of Mold-Tek Packaging Ltd is ₹2,649.01 crore. The stock has a yearly return of -15.94% and a one-month return of -3.23%. It is currently 37.98% away from its 52-week high.
Mold-Tek Packaging Limited, based in India, is a holding company specializing in manufacturing injection molded containers for various products, including lubes, paints, and food. It operates through the packaging containers segment, offering products like paint packaging, lubricant packs, food containers, bulk packaging, and dispenser pumps.
The company also provides in-mould labeling (IML) decoration, heat transfer labels (HTL), and silk screen printing. Its offerings include tamperproof lube containers, bulk containers for drugs and chemicals, and various food packs. Mold-Tek Packaging imports and supplies pumps for sanitizers and soaps and has a wholly-owned subsidiary, Mold-Tek Packaging FZE, in the UAE.
Xpro India Ltd
The Market Cap of Xpro India Ltd is ₹2,203.24 crore. The stock has a yearly return of 36.51% and a one-month return of -8.46%. It is currently 29.79% away from its 52-week high.
Xpro India Limited is an India-based company specializing in polymer processing. It operates through two divisions: Biax Division and Coex Division. The Biax Division produces coextruded biaxially oriented polypropylene (BOPP) films and dielectric films, used in food packaging, electronics, print lamination, cigarette overwraps, adhesive tape, and bitumen membrane lamination.
The Coex Division manufactures coextruded sheets, thermoformed refrigerator liners, and coextruded cast films. The company’s products are made from various polymers, including ABS, polystyrene, polypropylene, and polyethylene. These products are used in a range of applications, such as refrigerator liners, disposable containers, and automotive parts.
TPL Plastech Ltd
The Market Cap of TPL Plastech Ltd is ₹700.08 crore. The stock has a yearly return of 164.36% and a one-month return of 19.15%. It is currently 18.66% away from its 52-week high.
TPL Plastech Limited is an India-based company specializing in manufacturing drums for bulk packaging. Its business operations are focused on polymer products within India. The company’s product portfolio includes Narrow Mouth Drums, Narrow Mouth and Wide Mouth Carboys, Open Top Drums-Bulk and Medium, QuBC and COBO IBC, and Small Packs.
Narrow Mouth Drums range from 210 to 250 liters in capacity, while narrow-mouth, wide-mouth, and open-top drums range from 25 to 250 liters. Open Top Drums-Bulk and Medium, designed for viscous and powder products, range from 35 to 235 liters and come with metal/plastic ring provisions. Small HDPE packaging products range from 30 millimeters to 10 liters, utilizing extrusion blow molding (EBM), injection blow molding (IBM), and injection molding (IM) technologies.
Rajshree Polypack Ltd
The Market Cap of Rajshree Polypack Ltd is ₹255.71 crore. The stock has a yearly return of 40.52% and a one-month return of -12.25%. It is currently 73.94% away from its 52-week high.
Rajshree Polypack Limited manufactures and trades plastic packaging products, operating three manufacturing units in Daman. The company produces plastic rigid sheets and thermoformed packaging items, including yogurt containers, daily containers, sweet boxes, MAP, retort trays, and fruit punnets, using HIPS, PET, and PP materials.
Their thermoformed packaging products include dairy cups, ice cream cups, juice and beverage cups, meal parcel boxes, trays for sweets and confectioneries, and various daily containers. The dairy cups are used for curd, yogurt, and cheese packs, while their ice cream cups and disposable ice cream cups cater to the dessert industry. They also offer PP cups suitable for hot fill applications.
Signet Industries Ltd
The Market Cap of Signet Industries Ltd is ₹247.12 crore. The stock has a yearly return of 123.57% and a one-month return of 20.50%. It is currently 6.49% away from its 52-week high.
Signet Industries Limited is involved in merchant trading of various polymers and other products. The company manufactures micro irrigation systems, sprinkler pipes, PVC pipes, agro fittings, and household plastic molded furniture. It operates through three segments: Manufacturing, Wind Power Unit, and Trading, catering to both domestic and export markets.
The Manufacturing segment focuses on irrigation and plastic products, while the Wind Power Unit includes wind turbine power units. The Trading segment handles merchant trading of diverse products. Its product lines include HDPE pipes, cable ducts, spray pumps, crates, and ghamela, with applications in agriculture, irrigation, water supply, industrial processes, and swimming pools. Additionally, it generates electricity through windmills in Rajasthan and Maharashtra.
List Of Best Plastic Stocks With High Dividend Yield – FAQs
Best Plastic Stocks With High Dividend Yield #1: Supreme Industries Ltd
Best Plastic Stocks With High Dividend Yield #2: Time Technoplast Ltd
Best Plastic Stocks With High Dividend Yield #3: Nilkamal Ltd
Best Plastic Stocks With High Dividend Yield #4: Mold-Tek Packaging Ltd
Best Plastic Stocks With High Dividend Yield #5: Xpro India Ltd
The Top Best Plastic Stocks With High Dividend Yield based on market capitalization.
The top plastic stocks with high dividend yields in India include Supreme Industries Ltd, Time Technoplast Ltd, Nilkamal Ltd, Mold-Tek Packaging Ltd, and Xpro India Ltd. These companies offer attractive dividends and have strong financials, making them appealing for income-focused investors.
Yes, you can invest in plastic stocks with high dividend yields if you seek steady income and potential capital appreciation. Ensure you conduct thorough research, assess market conditions, and consider your risk tolerance. Diversifying your portfolio and consulting a financial advisor can help manage risks effectively.
Investing in plastic stocks with high dividend yields can be beneficial for those seeking steady income and growth potential. However, consider market volatility, regulatory risks, and environmental concerns. Thorough research and diversification are essential to mitigate risks and maximize returns. Consult a financial advisor for personalized advice.
To invest in high dividend yield plastic stocks in India, research and identify strong companies with consistent dividends. Open a brokerage account, use stock screeners to filter high-dividend stocks, and diversify your portfolio. Consider consulting a financial advisor to align investments with your financial goals and risk tolerance.
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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.