The article discusses three companies, ITC, Mazagon Dock, and Sky Gold, and provides investment advice for investors.
* ITC Limited (ITC): The company’s diversified business model, strong financials, and rising profitability make it an attractive investment option. With a dividend yield of around 3%, ITC is a good option for income investors. The company’s dividend payment history is also consistent, making it a relatively stable investment.
* Mazagon Dock Limited (MDL): The company’s defense business has been performing well, and its order book is full. With a strong order book, MDL has the potential to grow its revenue and profitability in the long term. However, its financials are not as strong as ITC’s, and the company has a higher debt-to-equity ratio.
* Sky Gold (SKY): The company’s business has been impacted by the COVID-19 pandemic, and its financials are weak. However, with the ongoing vaccination drive and expected economic recovery, Sky Gold has the potential to recover. However, investors should approach with caution due to its high debt-to-equity ratio.
Overall, investors should consider ITC for its stable dividend payments and strong financials, and MDL for its potential for long-term growth. Sky Gold, on the other hand, should be approached with caution due to its weak financials.