These PSU stocks generated triple-digit returns in the last one year: Do you have them?

The reason for such outperformance is the re-rating of PSU stocks owing to some assertive steps taken by the government.

 The Indian equity market has been quite volatile in the last couple of weeks. Nevertheless, PSU stocks and indices have been outperforming the market. And this outperformance is not limited to the last couple of weeks. Nifty PSE, an index that comprises 20 stocks that are listed on the National Stock Exchange (NSE) where 51 per cent of company's outstanding share capital is held by the Central Government and/or State Government, directly or indirectly, has generated a return of 82.53 per cent while Nifty 50 in the same period has given a return of 51.38 per cent. The average gain by these stocks in the last one year has been more than 90 per cent.  

The reason for such outperformance is the re-rating of PSU stocks owing to some assertive steps taken by the government such as the sale of Air India to Tata Group, which is a positive trigger for PSU stocks. Such privatization helps to unlock the huge potential of opportunity for the stocks. 

Following table shows the performance of PSE Stocks that gave triple-digit returns in the last year.