When the emerging trend is Renewables, Green Hydrogen & EV, Coal India is something which most people would ignore.
Now by hindsight due to global energy crisis (created due to Russia-Ukraine war) most analysts are giving a buy call to Coal India.
Well, I have a Basket of PSU stocks with high Dividend yield 6 -12 % which includes Coal India among other high Div yield PSU stocks such as REC, Power Grid , IOC, BPCL, SJVN, NHPC, NTPC, NALCO and some defence stocks such as BEL, HAL, Mazgaon Dock.
While I don’t look at day to day price movements of these stocks as I dont intend to make a trade-my basic objective being to earn some fixed returns by way of frequent dividends awarded by these companies, I find of late there has been 15-20% capital appreciation on the PSU basket which constitutes 15% of my overall portfolio.
Discl: It is not an investment advice. Please do your own assessment before you invest.
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