PSU Stocks Enjoy Their Moment Of Glory
PSU Stocks Enjoy Their Moment Of Glory
India’s Best Public Sector Undertakings
After a phase of lacklustre performance under dark grey clouds, Indian public sector enterprises are now enjoying prime space in the sunshine, turning out to be smart bets in the Indian market.
Rs 50,500 crore order book and DIIs increase stake: This multibagger power stock commissions 8.1 GW solar power project and bags 7 GW renewable energy project in Gujarat!
Shares of the company gained more than 110 per cent in the last three years.
Shares of the company gained more than 110 per cent in the last three years.
Rs 48,700 crore order book: This power transmission company has successfully commissioned the project and announces bonus shares!
The stock gave is up by 90 per cent in 3 years and gave multibagger returns of over 250 per cent in 1 decade.
The company has a market cap of Rs 1,75,000 crore and a robust order book worth Rs 48,700 crore as of June 30, 2023. The company has been maintaining a healthy dividend payout of 60.0 per cent and the stock is providing a good dividend yield of 4.39 per cent.
Rs 48,700 crore order book: This power transmission company has successfully commissioned the project and announces bonus shares!
The shares of the company saw a spurt in volume by more than 2 times on BSE.
The stock gave is up by 85 per cent in 3 years and gave multibagger returns of over 230 per cent in 1 decade.
Rs 48,700 crore order book: This multibagger power transmission company announces bonus shares and Rs 8,800 crore capex plan for FY24!
The stock gave is up by 89 per cent in 3 years and gave multibagger returns of over 200 per cent in 1 decade.
Additionally, the company approved raising funds up to Rs 12,000 crore from the domestic market through the issue of secured/unsecured, non-convertible, non-cumulative/cumulative, redeemable, taxable/tax-free debentures/bonds under private placement during the financial year 2024-2025 in one or more tranches/offers subject to the approval of shareholders of the company.
Multibagger power transmission company is likely to announce bonus shares after Rs 4.75/share dividend!
The stock gave is up by 90 per cent in 3 years and gave multibagger returns of over 200 per cent in 1 decade.
The company recommended a final dividend of Rs 4.75 per share (i.e., 47.50 per cent on the paid-up equity share capital) for the financial year 2022-23. The company fixed the record date for the final dividend as Tuesday, August 08, 2023.
Rs 4,781 crore orders: This Maharatna PSU company to implement advanced metering infrastructure projects and set up pilot data centre!
The stock is up by 98 per cent in 3 years and over 200 per cent in 1 decade.
The shares of the company have a PE multiple of 10.90 whereas the sectoral PE multiple is 28.50 with an ROE of 20 per cent. The stock offers a healthy dividend yield of 4.15 per cent and the company has been consistently paying out 60 per cent of its earnings to shareholders in the form of dividends.
Hot Stock: This PSU power company receives investment approval for multiple projects worth Rs 388.94 crore!
The stock is up by 90 per cent in 3 years and over 200 per cent in 1 decade.
The President of India (Government of India) holds a 51.34 per cent stake in the company as of December 2022. The stock has a PE multiple of 11.38 whereas the sectoral PE multiple is 36.80 with an ROE of 20 per cent.
52-week high alert: This multibagger power finance company receives 2 new special purpose vehicles (SPV’s) projects!
The stock is up 83 per cent in just 1 year and over 130 per cent in 3 years
The company’s maximum stake is owned by The President of India (55.99 per cent) as of March 2023. The company reported excellent numbers in its quarterly results and annual results. The stock has a PE of 4.52x and a ROE of 21 per cent.
Overnight Digest: Stocks to keep an eye on April 27!
Watch out for these large-cap stocks in Thursday’s trading session!
Watch out for these large-cap stocks in Thursday’s trading session!
Low PE high ROE stock: This power company has been declared as the successful bidder for a project in Gujarat!
The stock has a PE multiple of 10.04 whereas the sectoral PE multiple is 22 with an ROE of 19.34 per cent.
The stock has a PE multiple of 10.04 whereas the sectoral PE multiple is 22 with an ROE of 19.34 per cent.
Overnight Digest: Stocks to keep an eye on February 20!
Watch out for these large-cap stocks in Monday’s trading session!
Watch out for these large-cap stocks in Monday’s trading session!