Swaraj Engines, powering India's fields

Swaraj Engines is attempting to attract investors with a 5% dividend yield on its present share price. It has always been a generous dividend giver. The share is yet to participate in the auto sector rally... with metal prices set to cool down, this may augur well for the margins of this engine and parts maker, in the mean time, shareholders can enjoy the hefty dividend. It needs to cross upwards from the descending trendline that is acting as a resistance.. one should take note that it is a thinly traded share so be sure before stepping into this counter.