Five Indian stocks under ₹200 offer attractive dividend yields

Five Indian stocks trading below ₹200 are attracting attention for their high dividend yields. India Grid Trust leads with a yield of 9.1%, followed by Indian Oil Corporation at 8.6%. Both companies have a strong history of consistent dividend payouts. Balmer Lawrie Investments offers a yield of 4.9%, while PTC India has a yield of 4.5%. Gujarat Pipavav Port rounds out the list with a yield of 3.9%. Each company has declared multiple dividends over the years, indicating a commitment to returning profits to shareholders. Investors are advised to research each company's financial health and governance practices, as high dividend yields can sometimes signal underlying issues. Understanding these factors is crucial for making informed investment decisions.