Rajat Sharma on why ITC, Burger King & ONGC are his top holdings now
“Any time I get ONGC below the Rs 125-130 mark, I look at it this way. The company has never really reduced its dividend. At that price, the dividend yield for the company is about 8%. So irrespective of whether the stock price appreciates or not, I am appreciating 8% every year on this. So any appreciation in stock price comes as a bonus to me. ”