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PSU stock froth persists: Q4 test for financial endurance

Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024.

Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space.

The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability. ....

India General , Narendra Solanki , Deven Choksey , Sanjeev Prasad , Anindya Bhowmik , Sunita Baldawa , Dominic Xavier Rediff , Drchoksey Finserv , Indian Railway Catering , Tourism Corporation , National Mineral Development Corporation , Hindustan Petroleum Corporation , Hindustan Aeronautics , Natural Gas Corporation , Indian Railway Finance Corporation , Bharat Electronics , Rural Electrification Corporation , Indian Oil Corporation , Economic Service , Anand Rathi Share , Rail India Technical , Kotak Institutional Equities , State Bank , Business News , Usiness News India , Ndia Business News ,

India On The Path To Its Next Industrial Revolution, Industry 4.0, Say Analysts

India On The Path To Its Next Industrial Revolution, Industry 4.0, Say Analysts
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India on the path to its next industrial revolution, Industry 4.0, say analysts

India is on the path to its next industrial revolution, Industry 4.0, as per analysts at Anand Rathi Share and Stock Brokers.Multi-nationals are either ramping up capacity or setting up plants to transform India into another export hub for . ....

New Delhi , Vande Bharat , Anand Rathi Share , Fixed Capital Formation ,