You may also look at Hindusthan National glass, if this packaging story interests you....

Originally posted by smartcat I have recruited my wife to do the stock screening based on parameters like div yield, sales/profit growth, P/E etc. She has a list of 100 companies in her XLS sheet right now.   Will take a look at HNG - client list looks promising.

Say no more. All is clear. For a while, some of us may have thought you personally had somehow acquired gyan beyond all measure .

Anyway, very honest and upright of you to give credit where it is due .

For a while, some of us may have thought you personally had somehow acquired gyan beyond all measure

Originally posted by smartcat ...- high dividend yield on a growth stock will protect downside....

This is absolutely nothing new. It is a standard opening line used by proponents of dividend-yield investing for years.

My comment may be totally inaccurate, but recently (Sep & Oct 2008 and March 2009), I got the feeling that nothing but nothing protected the downside for several stocks. I loaded up on several Tata stocks and a couple of housing finance stocks which were getting more and more attractive on the basis of their past DPS. They have now appreciated in price and based on past DPS, aren't really that attractive for dividend yield alone.