I had invested a couple of years back @ 9% dividend yield.
As you said In spite of a lot of discouraging news in this thread for the last two years, by just ignoring the noise i continued to hold to make good return.
i am currently sitting at 4X capital appreciation. I don’t look at volatility. Stock market is always volatile for most of the stocks…It can never be one way up.
It is my portfolio stock … a low risk cash generating machine for me…I continue to get a good dividend yield on my base investment.
So my view is do your own assessment / research and once you are convinced about a stock , ignore noise from market if you want to make money.
Discl : invested and hence biased. not an investment advice. PSU stocks in general are highly volatile. please do your own assessment before investing.
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