PSU stocks

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

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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

Engineers India: Why it’s time for traders to e book income on this inventory

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PSU shares have seen a pointy rally this yr as BSE PSU Index rose by round 46 per cent on a year-to-date foundation. This has probably been pushed by rerating resulting from enticing valuation, and elevated capex spending by the federal government. One PSU participant that was a part of the rally is engineering consultancy … Read more