Finding Kaala Rajinikanth on Dalal Street: Five Robin Hood stocks that you must look into

Finding blockbuster shares on Dalal Street is not easy although there are plenty of hidden gems there that not only record consistent growth year after year, but also share profits with investors in the form of dividends. As Rajinikanth starrer Kaala hit screens today, we have compiled five dividend-yielding stocks that could turn out to be as profitable as Rajinikanth movies are. We are calling them Robin Hood shares. As far as Kaala box office collection is concerned, the movie is expected to earn Rs 30 cr. Here are 5 Robin Hood shares you must take a look at and who knows, you may just end up dancing in the streets like Rajini fans are doing today:

1) PFC

• PFC's current dividend yield 13.8%
• The company working on NPA resolution worth Rs 39,000 crore
• Asset sale being considered to reduce NPAs
• Project resolution worth Rs 8100 crore going on under NCLT
• Rs 30,000 crore additional loan resolution process going on
• Quantum Securities has a buy rating with a target price of Rs 100

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2) PTC India

• Stock's existing dividend yield is 3.7%
• Earnings improving on the back of higher realisations and volume growth
• New PPAs will add into volumes in FY19
• PPA: Power Purchase Agreement
• A 250MW transaction in Bangladesh likely soon
• Interest cost reduced 72% in Q4FY18 (YoY)
• Elara Capital has a buy rating with a target price of Rs 130

3) Indian Oil Corporation

• The stock's existing dividend yield is 11%
• Country's largest oil marketing company
• Slump in crude prices after recent surge is a big relief
• ONGC will support on subsidy payment
• JP Morgan has a buy rating with a target price of Rs 240

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4) REC

• The stock's existing dividend yield is 8.8%
• One of the leading power finance firms
• The govt focusing on reducing power sector NPAs
• Kotak Securities has a buy rating on the stock with target price of Rs 135

5) NLC India

• The stock's existing dividend yield is 8.6%
• Navratna firm in power generation segment
• Cess burden reduced post GST implementation
• Net profit grew three-fold in Q4 (QoQ)
• Emkay has a buy rating with a target price of Rs 105