1. I am writing this post exclusively for an investor who left a comment at our other blog indian-share-tips.blogspot.com and I quote the text here"Pls recommend some stocks that can give me good returns for 10 years,iam a long term investor and i want to invest into the stocks for atleast 10 years or so,so pls recommend some stocks that can give me good returns"
2. As a long term investor one can invest in National mineral development corporation (NMDC) and same is bound to pay a good returns over a period of 10 years or one can say that one can keep this stock for their children.
3. NMDC is a PSU involved in the exploration of number of ores ranging from iron ores, rock phospahte and copper etc to name a few. It operates a diamond mine in panna in Madhya pradesh and is also single larget producer and exporter for the iron ore.
4. It has a EPS of 246 and has a profit of 3250 crore on net sales of 5711 crore.
5. Ideally it is a quality long term investment and post bonus it has again appreciated to its pre bonus price and also pays hefty dividend which ranges close to 400% per annum.
2. As a long term investor one can invest in National mineral development corporation (NMDC) and same is bound to pay a good returns over a period of 10 years or one can say that one can keep this stock for their children.
3. NMDC is a PSU involved in the exploration of number of ores ranging from iron ores, rock phospahte and copper etc to name a few. It operates a diamond mine in panna in Madhya pradesh and is also single larget producer and exporter for the iron ore.
4. It has a EPS of 246 and has a profit of 3250 crore on net sales of 5711 crore.
5. Ideally it is a quality long term investment and post bonus it has again appreciated to its pre bonus price and also pays hefty dividend which ranges close to 400% per annum.
