Page 3 - Psu Stocks

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

TMS Ep525: Women in economy, biofuel push, PSU stocks, Five Eyes alliance

Why don't Indian women have a fair share in the economy? Are Indian OEMs shying away from the biofuel push? Can the rally in PSU stocks run out of steam? What is the Five Eyes alliance? Answers here

What's behind the rally in PSU stocks, and will the uptrend last?

The S&P BSE PSU index has surged over 26 per cent so far in FY24 as compared to 11 per cent up move in the benchmark S&P BSE Sensex.

PSU Bank index up 2% in weak market; IOB, UCO, Central Bank rally upto 15%

The Nifty PSU Bank index hit an intra-day high of 4,516.75, trading close to its record high level of 4,647.95 touched on July 27

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.

TMS Ep461: Tesla Motors, new vs old IITs, PSU stocks, green diamonds

Can Tesla do a Maruti for India's EV ecosystem? How can new IITs catch up with older ones? How to play PSU stocks amid divestment slowdown? What are green diamonds? All answers here

Engineers India hits over 3-year high; stock surges 45% in 7 weeks

The company is currently working on feasibility projects across multiple hydrocarbon fuels, pipeline and renewable fuels like hydrogen, ethanol and other biofuels.

SCI soars 8% on near 3-fold jump in Q4 net

The shipping major reported a 183.9 per cent jump in Q4FY23 net profit to Rs 359.83 crore when compared with Rs 126.74 crore in Q4FY22

TMS Ep390: Private capex, India's Oscar success, PSU stocks, bank run

What will it take for India Inc to raise capex? What does Oscar success mean for Indian film industry? Will PSU stocks sizzle despite missed divestment target? What is a bank run? All answers here

Power Finance Corporation surges 5% on heavy volumes; hits over 5-year high

In past six months, the stock has zoomed 51 per cent, as against 8 per cent gain in the S&P BSE Sensex.

Sensex, Nifty set to gain for seventh straight year; smallcaps underperform

The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance

Stock of this PSU pharma company has zoomed 61% in 3 days on heavy volumes

The stock was locked in the 20% upper circuit; around 1.4 million shares, representing 3.2 per cent of total equity of the pharmaceutical company, changed hands on bourses

IRCTC offer for sale oversubscribed, but stock declines more than 6%

Investors fear supply overhang; Centre has now reduced stake in firm by 25% in 3 years

Rail Vikas Nigam zooms 62% in 16 trading sessions on strong order inflows

In the past three months, the stock price of RVNL has zoomed 90 per cent, as compared to a 3 per cent gain on the Sensex.

Select segments within PSU theme could outperform amid economic uptick

Public-sector banks, defence stocks could do well; PSUs exposed to commodities are at risk

Indian markets set to post worst Samvat show in 7 yrs; smallcaps outperform

FPIs offloaded nearly Rs 2 trillion ($265 billion) in Indian equities during Samvat 2078, data show.

This PSU stock outperformed market, surged 40% in five trading days

In the past three months, the market price of MDL more-than-doubled or zoomed 136 per cent, as against 9 per cent rise in the S&P BSE Sensex.

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

PSUs face further investment apathy; privatisation may struggle: Analysts

The bulk of the earnings reduction over the past two months for the Nifty-50 index, according to KIE, has come from the government's decision to levy new taxes

PSUs in focus: Coal India may hit new all-time high; BPCL could fall 11%

Stocks like Bharat Petroleum Corporation and Hindustan Petroleum Corporation linger in bear territory