SBI: Be selective in PSU stocks, go for SBI, BPCL
One can selectively pick PSUs like SBI, BPCL. Some of the better run PSUs can be looked at but don’t buy the entire pack, says Complete Circle Consultants. Do you think from an investment angle, the PSU theme merits a relook or should one keep it in the trading portfolio? Selectively some value is emerging in the PSU pockets. SBI Bank is the only bank which has gained market share in the last five years in the PSU pack. Their market share in deposits has gone up from 22 to 24%, their share in advances has gone from 19% to almost 21.5%. The estimates on 1% of the book going for restructuri...
Source: indiatimes.com