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

Valuation ‘Kavach’ Means, This Vande Bharat Specific Must Take a Breather

  PSU shares, and inside that the Railway PSUs, have had a stellar run on the bourses within the final one yr — RVNL (up 155 per cent), Ircon (215 per cent), IRFC (208 per cent) and RailTel (182 per cent) have all been excellent performers. At bl.portfolio a couple of months in the past, … Read more

Railway shares: Driving the infrastructure increase – Alternatives and Key Gamers

Railway shares have been within the limelight over the past 12 months, with some distinguished PSU gamers greater than doubling. Very like the uptick in capital expenditure in different infrastructure segments, the railways has seen authorities spending transfer up this 12 months. The allocation to railways in Price range 2023-24 rose 48 per cent, to … Read more