LETTER

I found your latest issue interesting because it highlighted investing opportunities in the PSU sector and also talked about some of the outstanding performances in the latest quarter. After the recent run do you still think there is more room left for price appreciation in PSU stocks and also is it a good idea to bet on stocks that have recently declared bumper quarterly results? 

- Jyoti M

Editor Responds: We appreciate your query very much because the question you have in mind with reference to PSU stocks is extremely relevant to majority of the investors. Yes, select PSU stocks even after recent run-ups are still showing deep value. Point in case can be SBI for discussion’s sake. There are a few bets in the PSU sector that may outperform. Stay tuned with your favourite magazine to get updates on PSU stocks. Yes, bumper quarterly results are fine; however, consistency in results is what matters the most. Go for consistent performers rather than star performers which shine once in a while. Keep writing to us as it helps us understand the most nagging questions related to the equity markets.