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

Cochin Shipyard builds on success

Cochin Shipyard Ltd (CSL) was within the nationwide limelight not too long ago when Prime Minister Narendra Modi inaugurated ₹4,000-crore value infrastructure tasks in Kochi. He expressed confidence that the port metropolis in Kerala would quickly grow to be South Asia’s largest ship-repair centre. With the addition of a brand new dry dock and worldwide … Read more

Gujarat shipyards wait to hum once more with enterprise

Bustling with greater than 8,000 employees setting up a number of the most superior transport fleets till a decade in the past, Gujarat’s shipyards are in the present day a pale shadow of their affluent previous. Six out of the greater than 10 shipyards within the state have downed shutters until date, together with ABG … Read more