RVNL, IRCON, HAL, PFC, REC, Powergrid, NTPC, NHPC et al.— Is the PSU rally structural or momentum?

PSU shares have been amongst the perfect performers of FY24, rallying 88 per cent (BSE PSU) in comparison with Nifty-50’s 20 per cent returns. The explanations ascribed for the rally vary from the final bastions of worth to structural adjustments, which have modified the earnings trajectory for the great. Although a lot of the structural … Read more