Page 2 - Psu Shares

Gail stock sees upward growth, owing to upcoming tariff hikes, new projects

Potential risks include volatile gas prices. Also as of now, petrochemicals spreads are still falling. But the stock, which hit a record high of Rs 164.25 in intra-day trade on Friday

REC, PFC, IRFC zoom over 200% in FY24. Time to exit PSU stocks?

A K Prabhakar, head of research at IDBI Capital, too remains selective and suggests investors exit power sector stocks such as REC and PFC where the run up has been sharp

Midhani soars 9%, hits 52-week high on order win worth Rs 179 crore

With this, the order booking position for FY 2023-24 (as on date) is Rs 542 crore, Mishra Dhatu Nigam said in a statement

BEL hits record high on strong Q1 results; stock up 32% so far in 2023

The state-owned company saw 12.5 per cent YoY revenue growth to Rs 3,446 crore in Q1FY24, whereas total expenses climbed 9.4 per cent YoY to Rs 2,948 crore

PSU shares in demand: SJVN, NHPC, RVNL, RITES hit fresh lifetime highs

At 12:45 pm; the S&P BSE PSU and S&P BSE CPSE index were up 1 per cent each, as against 0.10 per cent decline in the S&P BSE Sensex.

GAIL, BEL, GMDC: Bullish PSU stocks may see up to 20% upside

Despite benchmark indices witnessing corrective phases in recent months, GAIL (India) and Power Grid Corporation of India, in particular, have been entering uncharted territories effortlessly.

Beat sectoral returns by 5 percentage points annually, PSUs told

PSUs have also been told that the dividend distributed by them would also be considered to evaluate their performance on this parameter

Analysts bullish on banks, defence-related plays in the PSU pack

The rally in PSU pack thus far in CY22 was mostly led by stocks from the banking and defence-related verticals, while those of oil & gas and metals & minerals did not contribute much

Punjab National Bank tanks 10%, hits 52-week low on weak Q4 results

In Q4FY22, the bank's standalone net profit dropped 66 per cent YoY to Rs 201 crore as the bank set aside Rs Rs 325 crore on account of a fraud.

LIC IPO opens today. 5 other PSU stocks you can bet on for strong gains

These 5 PSU stocks can jump as much as 25 per cent from the current levels, provided the overall market momentum stays strong

LIC IPO: Govt seeks Rs 15-trn valuation for LIC IPO: Report

LIC IPO: If investors agree with those calculations proposed by the government, LIC would join the league of India's biggest companies like RIL and TCS

Improving business prospects, divestment make analysts bullish on PSU stks

In the last 10 years, though PSU stocks have gained ground, they have mostly been laggards at the bourses

Govt to sell up to 10% stake in Hind Copper via OFS, may garner Rs 1,120 cr

The government will sell 5% or 48.3 million shares in the copper miner at Rs 116 apiece on Thursday and Friday

LIC letter forbids employees from commenting on upcoming mega IPO

Only the company's chairman and four managing directors are allowed to comment on the offer expected this financial year.

PSU stocks in focus; Hindustan Copper, MMTC rally up to 20%

In past one month, the S&P BSE PSU index has rallied 17%, as compared to a 6% gain in the benchmark S&P BSE Sensex.

PSU stocks gain; ITI, Bharat Dynamics, Hindustan Aeronautics hit 52-wk high

Hindustan Copper, BHEL, Cochin Shipyard and STC India from the S&P BSE PSU index were up in the range of 4 per cent to 8 per cent on the BSE today

BHEL, BPCL: 42 of 57 stocks in BSE PSU index set to rise, shows MACD

Out of these 42 stocks, 28 stocks have not seen any negative crossover above the zero line and are trending upward with price witnessing buying at corrective moves.

Select PSU stocks rebound; Mishra Dhatu Nigam zooms 29% from day's low

Midhani hit the upper circuit of 20 per cent at Rs 253, also its new high on the BSE on Thursday on heavy volumes. In the process, it surpassed its previous high of Rs 249

Street signs: Auto stocks rev up, PSU shares see SLB demand, and more

Shares of public sector undertakings have been moving up the bourses

From Coal India to ONGC, shares of PSUs log biggest gain in four months

Among its constituents Coal India rose 7.3 per cent, ONGC 5.3 per cent, BPCL 4.5 per cent, and Nalco and Indian Oil by above 3 per cent each