10 PSU stocks to watch out for

PSUs are generally known for stable returns, near debt-free status and dividend track record

At a time when stock picking becomes increasingly challenging given the elevated valuations, stocks of state-owned entities offer a fall-back option for investors, thanks to reasonable prices versus their private peers. 

While Power Grid and NTPC remain favourite public sector undertakings (PSUs), Oil and Natural Gas Corporation (ONGC), GAIL, Indian Oil Corporation (IOC), Bharat Heavy Electricals (BHEL), Power Finance Corporat-ion (PFC) and Bharat Earth Movers (BEML) are worth sampling. 

PSUs offer a near debt-free balance sheet, growth visibility and a steady dividend track record. Here are 10 stocks investors can look at. 

BEML: It plans to increase revenues by 65