{"id":333153,"date":"2026-10-30T11:18:18","date_gmt":"2026-10-30T05:48:18","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=333153"},"modified":"2026-10-30T11:18:18","modified_gmt":"2026-10-30T05:48:18","slug":"midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Midcap Dividend Paying High ROE Stocks to Watch for Future Multibagger Potential: Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Ashok Leyland Rs 145. Nippon Life India AMC Rs 923.90. NMDC Rs 67.54. Mphasis Rs 2,561.30. Market caps from Rs 48,037 crore to Rs 86,320 crore. Data as of 29 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis are the 4 picks in this dividend paying high ROE stocks watchlist, with market caps between Rs 48,037 crore and Rs 86,320 crore. Ashok Leyland stands out for the largest market cap at Rs 86,320 crore, while Nippon Life India AMC offers the highest return on equity at 32.83%. PE ratios run from 8.20 to 39.24, so compare each one with its industry PE before investing. All figures are as of 29 October 2026.<\/p>\n<\/p><\/div>\n<p>Dividend paying high ROE stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis meet that test, with market caps from Rs 48,037 crore to Rs 86,320 crore and Ashok Leyland offering the largest market cap at Rs 86,320 crore. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and a dividend yield of at least 1 per cent and a return on equity of at least 15 per cent and profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.<\/p>\n<p>This list covers companies with a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and a dividend yield of at least 1 per cent and a return on equity of at least 15 per cent and profit growth in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap between Rs 30,000 crore and Rs 1 lakh crore. Investors screening dividend paying high ROE stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 29 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=dividend-paying-high-roe-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#What_Are_Dividend_Paying_High_ROE_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Dividend Paying High ROE Stocks and Why Do They Attract Multibagger Interest?\">What Are Dividend Paying High ROE Stocks and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Dividend_Paying_High_ROE_Stocks_at_a_Glance_Price_Market_Cap_PE_ROE_and_Price_to_Book\" title=\"Dividend Paying High ROE Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book\">Dividend Paying High ROE Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Ashok_Leyland_Return_on_Equity_of_2437\" title=\"Ashok Leyland: Return on Equity of 24.37%\">Ashok Leyland: Return on Equity of 24.37%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Nippon_Life_India_AMC_Return_on_Equity_of_3283\" title=\"Nippon Life India AMC: Return on Equity of 32.83%\">Nippon Life India AMC: Return on Equity of 32.83%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#NMDC_Revenue_Up_3161_in_FY26\" title=\"NMDC: Revenue Up 31.61% in FY26\">NMDC: Revenue Up 31.61% in FY26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Mphasis_Profit_Compounding_at_681_a_Year\" title=\"Mphasis: Profit Compounding at 6.81% a Year\">Mphasis: Profit Compounding at 6.81% a Year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Dividend_Paying_High_ROE_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Dividend Paying High ROE Stocks: Financial Comparison on Growth and Margins\">Dividend Paying High ROE Stocks: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_Ashok_Leyland_Nippon_Life_India_AMC_NMDC_and_Mphasis\" title=\"Institutional Holding in Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis\">Institutional Holding in Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Dividend_Paying_High_ROE_Stocks\" title=\"Risks to Weigh in Dividend Paying High ROE Stocks\">Risks to Weigh in Dividend Paying High ROE Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Dividend_Paying_High_ROE_Stocks\" title=\"How to Choose Between Dividend Paying High ROE Stocks\">How to Choose Between Dividend Paying High ROE Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Dividend_Paying_High_ROE_Stocks_to_Watch\" title=\"Frequently Asked Questions on Dividend Paying High ROE Stocks to Watch\">Frequently Asked Questions on Dividend Paying High ROE Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Which_are_the_best_dividend_paying_high_ROE_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best dividend paying high ROE stocks to watch for multibagger potential?\">Which are the best dividend paying high ROE stocks to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Is_Nippon_Life_India_AMC_a_good_stock_for_long-term_investors\" title=\"Is Nippon Life India AMC a good stock for long-term investors?\">Is Nippon Life India AMC a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Can_Mphasis_become_a_multibagger_from_here\" title=\"Can Mphasis become a multibagger from here?\">Can Mphasis become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_Ashok_Leyland_Nippon_Life_India_AMC_NMDC_and_Mphasis\" title=\"What is the market cap of Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis?\">What is the market cap of Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_dividend_paying_high_ROE_stocks\" title=\"What are the risks of investing in dividend paying high ROE stocks?\">What are the risks of investing in dividend paying high ROE stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#Why_is_Nippon_Life_India_AMC_trading_at_a_PE_of_3924\" title=\"Why is Nippon Life India AMC trading at a PE of 39.24?\">Why is Nippon Life India AMC trading at a PE of 39.24?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/midcap-dividend-paying-high-roe-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_Ashok_Leyland_Nippon_Life_India_AMC_NMDC_and_Mphasis\" title=\"How much do institutions hold in Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis?\">How much do institutions hold in Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Dividend_Paying_High_ROE_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Dividend Paying High ROE Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Dividend paying high ROE stocks are shares of mid sized companies that share profit with investors through regular dividends and also earn a high return on shareholder money, a mix of income and business quality. The four here cover commercial vehicles, iron ore mining, asset management and IT services.<\/p>\n<p>A dividend backed by a high return on equity shows that the company earns well enough to pay shareholders and still reinvest for growth, which is the base of lasting returns. For dividend paying high ROE stocks, both FY26 and the latest quarter showed growth. Whichever way you read dividend paying high ROE stocks, the common thread is rising profit backed by complete financial data. A sensible way to study dividend paying high ROE stocks is to look at profit growth, returns and valuation side by side. Below, each of dividend paying high ROE stocks gets its own breakdown of growth, returns and valuation. Treat dividend paying high ROE stocks as a research list, since share prices and rankings change with every earnings season.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Paying_High_ROE_Stocks_at_a_Glance_Price_Market_Cap_PE_ROE_and_Price_to_Book\"><\/span><strong>Dividend Paying High ROE Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are closing prices as of 29 October 2026. NMDC has the lowest PE of the group at 8.20, while Nippon Life India AMC posts the highest return on equity at 32.83%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Price to Book<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/ashokley\/ashok-leyland-ltd-share-price-today\">Ashok Leyland<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">145<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">86,320<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.15<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.62<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">24.37%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.06<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">134.21 to 215.42<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/nam\/nippon-life-india-asset-management-ltd-share-price-today\">Nippon Life India Asset Management<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">923.90<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">64,238<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">39.24<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.70<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">32.83%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.78<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">795.80 to 1,269.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/nmdc\/nmdc-ltd-share-price-today\">NMDC<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">67.54<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">61,139<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.20<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.06<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.87%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.79<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">66.35 to 97.49<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/mphasis\/mphasis-ltd-share-price-today\">Mphasis<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,561.30<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">48,037<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.15<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.49<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.34%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.47<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,013.00 to 2,975.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Ashok_Leyland_Return_on_Equity_of_2437\"><\/span><strong>Ashok Leyland: Return on Equity of 24.37%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ashok Leyland makes trucks, buses and defence vehicles and is among the largest commercial vehicle makers in India. It reported FY26 revenue of Rs 56,946.90 crore, up 16.47% year on year, and net profit of Rs 3,720.98 crore, up 10.00%. Revenue has compounded at 21.28% a year since FY22. Operating margin was 19.17% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 12.29% to Rs 13,258.24 crore and net profit grew 1.53% to Rs 667.77 crore. The share price has gained 106.37% over five years. Domestic institutions raised their holding from 13.61% in July 2025 to 15.76% in June 2026. The stock trades at a PE of 23.15 against an industry PE of 23.62, below the sector average, with a return on equity of 24.37%. The dividend yield is 2.38%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nippon_Life_India_AMC_Return_on_Equity_of_3283\"><\/span><strong>Nippon Life India AMC: Return on Equity of 32.83%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nippon Life India Asset Management is one of the largest mutual fund houses in India and also runs ETFs and portfolio management services. It reported FY26 revenue of Rs 2,933.07 crore, up 16.36% year on year, and net profit of Rs 1,528.13 crore, up 18.85%. Net profit has compounded at 19.74% a year since FY22, while revenue has grown 17.56% a year. Operating margin was 68.84% in FY26. The debt-to-equity ratio is 0.02, which keeps interest costs low.<\/p>\n<p>The stock trades at a PE of 39.24 against an industry PE of 17.70, with a return on equity of 32.83%. The dividend yield is 2.13%. In the June 2026 quarter, revenue rose 24.51% to Rs 937.08 crore and net profit grew 27.15% to Rs 503.09 crore. The share price has gained 131.06% over five years and 20.07% over the past year. Domestic institutions raised their holding from 13.45% in June 2025 to 15.49% in June 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"NMDC_Revenue_Up_3161_in_FY26\"><\/span><strong>NMDC: Revenue Up 31.61% in FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NMDC is a government-owned miner and India&#8217;s largest iron ore producer. It reported FY26 revenue of Rs 33,559.27 crore, up 31.61% year on year, and net profit of Rs 7,415.37 crore, up 13.39%. Revenue has compounded at 5.90% a year since FY22. Operating margin was 33.51% in FY26. The debt-to-equity ratio is 0.19.<\/p>\n<p>In the June 2026 quarter, revenue rose 1.47% to Rs 7,142.54 crore and net profit grew 1.94% to Rs 2,005.71 crore. Foreign investors raised their holding from 12.21% in June 2025 to 13.59% in June 2026. The stock trades at a PE of 8.20 against an industry PE of 10.06, below the sector average, with a return on equity of 21.87%. The dividend yield is 5.04%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mphasis_Profit_Compounding_at_681_a_Year\"><\/span><strong>Mphasis: Profit Compounding at 6.81% a Year<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mphasis provides IT, cloud and application services to banking, insurance and technology clients. It reported FY26 revenue of Rs 16,205.54 crore, up 11.88% year on year, and net profit of Rs 1,862.60 crore, up 9.43%. Net profit has compounded at 6.81% a year since FY22, while revenue has grown 7.53% a year. Operating margin was 20.58% in FY26. The debt-to-equity ratio is 0.24.<\/p>\n<p>The stock trades at a PE of 25.15 against an industry PE of 18.49, with a return on equity of 17.34%. The dividend yield is 2.46%. In the June 2026 quarter, revenue rose 17.14% to Rs 4,466.91 crore and net profit grew 10.82% to Rs 489.51 crore. Domestic institutions raised their holding from 37.07% in September 2025 to 45.85% in September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Paying_High_ROE_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Dividend Paying High ROE Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these dividend paying high ROE stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Latest Quarter Revenue Growth<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Ashok Leyland<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">56,946.90<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,720.98<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.47%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.28%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.29%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.01%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Nippon Life India AMC<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,933.07<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,528.13<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.36%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.56%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">24.51%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">88.41%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">NMDC<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">33,559.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7,415.37<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">31.61%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.90%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.47%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">41.43%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Mphasis<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16,205.54<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,862.60<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.88%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.53%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.14%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.04%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these dividend paying high ROE stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_Ashok_Leyland_Nippon_Life_India_AMC_NMDC_and_Mphasis\"><\/span><strong>Institutional Holding in Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these dividend paying high ROE stocks alongside the promoter. The table uses the latest reported quarter for each. Mphasis has the deepest institutional backing, with FII and DII together holding 65.24% as of September 2026. Domestic institutions increased their holding over the past year in Ashok Leyland (from 13.61% to 15.76%), Nippon Life India AMC (from 13.45% to 15.49%) and Mphasis (from 37.07% to 45.85%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Ashok Leyland<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">51.51%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.68%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.76%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.05%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Nippon Life India AMC<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">71.80%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.04%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.49%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.67%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">NMDC<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">60.79%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.59%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.81%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.80%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Mphasis<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">30.53%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19.39%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">45.85%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.23%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Dividend_Paying_High_ROE_Stocks\"><\/span><strong>Risks to Weigh in Dividend Paying High ROE Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with dividend paying high ROE stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Past growth may not repeat.<\/li>\n<li>Share prices can move sharply in either direction.<\/li>\n<li><strong>Valuation:<\/strong> Nippon Life India AMC trades at a PE of 39.24 against an industry PE of 17.70, so earnings need to keep growing to support the price.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Dividend_Paying_High_ROE_Stocks\"><\/span><strong>How to Choose Between Dividend Paying High ROE Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from dividend paying high ROE stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (10.06 to 23.62) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track net profit growth, the operating margin and the return on equity in every quarterly result.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among dividend paying high ROE stocks, Ashok Leyland stands out for the largest market cap at Rs 86,320 crore, Nippon Life India AMC for the highest return on equity at 32.83%, NMDC for the lowest PE of the group at 8.20 and Mphasis for 11.88% revenue growth in FY26. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing dividend paying high ROE stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Dividend_Paying_High_ROE_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Dividend Paying High ROE Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_dividend_paying_high_ROE_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best dividend paying high ROE stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis are the 4 names this list highlights, with market caps of Rs 86,320 crore, Rs 64,238 crore, Rs 61,139 crore and Rs 48,037 crore respectively. Ashok Leyland is notable for the largest market cap at Rs 86,320 crore. Nippon Life India AMC stands out for the highest return on equity at 32.83%. NMDC offers the lowest PE of the group at 8.20. Mphasis brings 11.88% revenue growth in FY26. These are watchlist names for dividend paying high ROE stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Nippon_Life_India_AMC_a_good_stock_for_long-term_investors\"><\/span><strong>Is Nippon Life India AMC a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nippon Life India AMC has a return on equity of 32.83%, a PE of 39.24 against an industry PE of 17.70 and a market cap of Rs 64,238 crore. Net profit has compounded at 19.74% a year since FY22, and FY26 revenue rose 16.36% while June 2026 quarter net profit grew 27.15%. Long-term returns in dividend paying high ROE stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Mphasis_become_a_multibagger_from_here\"><\/span><strong>Can Mphasis become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mphasis has a market cap of Rs 48,037 crore. A multibagger outcome in dividend paying high ROE stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 6.81% a year since FY22, and FY26 revenue rose 11.88%. At a PE of 25.15 against an industry PE of 18.49, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Ashok_Leyland_Nippon_Life_India_AMC_NMDC_and_Mphasis\"><\/span><strong>What is the market cap of Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 29 October 2026, Ashok Leyland has a market cap of Rs 86,320 crore, Nippon Life India AMC has a market cap of Rs 64,238 crore, NMDC has a market cap of Rs 61,139 crore and Mphasis has a market cap of Rs 48,037 crore. All of them qualify as midcaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on dividend paying high ROE stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_dividend_paying_high_ROE_stocks\"><\/span><strong>What are the risks of investing in dividend paying high ROE stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. Nippon Life India AMC trades at a PE of 39.24 against an industry PE of 17.70, so earnings growth needs to hold up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Nippon_Life_India_AMC_trading_at_a_PE_of_3924\"><\/span><strong>Why is Nippon Life India AMC trading at a PE of 39.24?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nippon Life India AMC&#8217;s PE of 39.24 compares with an industry PE of 17.70. The market is paying a premium for a return on equity of 32.83%, profit growth of 19.74% a year since FY22 and latest-quarter profit growth of 27.15%, which also means the stock is more sensitive if growth slows. Investors in dividend paying high ROE stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_Ashok_Leyland_Nippon_Life_India_AMC_NMDC_and_Mphasis\"><\/span><strong>How much do institutions hold in Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 36.44% of Ashok Leyland (20.68% and 15.76%), 22.53% of Nippon Life India AMC (7.04% and 15.49%), 27.40% of NMDC (13.59% and 13.81%) and 65.24% of Mphasis (19.39% and 45.85%). Rising institutional holding is a useful signal in dividend paying high ROE stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best dividend paying high ROE stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis are the 4 names this list highlights, with market caps of Rs 86,320 crore, Rs 64,238 crore, Rs 61,139 crore and Rs 48,037 crore respectively. Ashok Leyland is notable for the largest market cap at Rs 86,320 crore. Nippon Life India AMC stands out for the highest return on equity at 32.83%. NMDC offers the lowest PE of the group at 8.20. Mphasis brings 11.88% revenue growth in FY26. These are watchlist names for dividend paying high ROE stocks, not recommendations, so match each one to your own risk profile and time horizon.\"}},{\"@type\":\"Question\",\"name\":\"Is Nippon Life India AMC a good stock for long-term investors?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nippon Life India AMC has a return on equity of 32.83%, a PE of 39.24 against an industry PE of 17.70 and a market cap of Rs 64,238 crore. Net profit has compounded at 19.74% a year since FY22, and FY26 revenue rose 16.36% while June 2026 quarter net profit grew 27.15%. Long-term returns in dividend paying high ROE stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.\"}},{\"@type\":\"Question\",\"name\":\"Can Mphasis become a multibagger from here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mphasis has a market cap of Rs 48,037 crore. A multibagger outcome in dividend paying high ROE stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 6.81% a year since FY22, and FY26 revenue rose 11.88%. At a PE of 25.15 against an industry PE of 18.49, valuation should be checked against that growth before investing.\"}},{\"@type\":\"Question\",\"name\":\"What is the market cap of Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 29 October 2026, Ashok Leyland has a market cap of Rs 86,320 crore, Nippon Life India AMC has a market cap of Rs 64,238 crore, NMDC has a market cap of Rs 61,139 crore and Mphasis has a market cap of Rs 48,037 crore. All of them qualify as midcaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on dividend paying high ROE stocks.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in dividend paying high ROE stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. Nippon Life India AMC trades at a PE of 39.24 against an industry PE of 17.70, so earnings growth needs to hold up.\"}},{\"@type\":\"Question\",\"name\":\"Why is Nippon Life India AMC trading at a PE of 39.24?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Nippon Life India AMC's PE of 39.24 compares with an industry PE of 17.70. The market is paying a premium for a return on equity of 32.83%, profit growth of 19.74% a year since FY22 and latest-quarter profit growth of 27.15%, which also means the stock is more sensitive if growth slows. Investors in dividend paying high ROE stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.\"}},{\"@type\":\"Question\",\"name\":\"How much do institutions hold in Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of the latest reported quarter, FII and DII together hold 36.44% of Ashok Leyland (20.68% and 15.76%), 22.53% of Nippon Life India AMC (7.04% and 15.49%), 27.40% of NMDC (13.59% and 13.81%) and 65.24% of Mphasis (19.39% and 45.85%). Rising institutional holding is a useful signal in dividend paying high ROE stocks, though it should be read with earnings trends rather than on its own.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>4 midcap dividend paying high ROE stocks compared on market cap, PE, ROE, growth and institutional holding: Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis.<\/p>\n","protected":false},"author":33,"featured_media":333152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[18327,18326],"class_list":["post-333153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-dividend-paying-high-roe-sector","tag-dividend-paying-high-roe-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["333152"],"rank_math_title":["Dividend Paying High ROE Stocks to Watch in 2026"],"rank_math_description":["Dividend paying high ROE stocks to watch for multibagger potential: Ashok Leyland, Nippon Life India AMC, NMDC and Mphasis. Compare market cap, PE, ROE and growth."],"rank_math_focus_keyword":["dividend paying high ROE stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/4-midcap-dividend-paying-high-roe-stocks-to-watch-for-future-multibagger.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=333153"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333153\/revisions"}],"predecessor-version":[{"id":333154,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333153\/revisions\/333154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/333152"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=333153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=333153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=333153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}