Page 3 - Psu Stocks

PSU stocks in focus: Bharat Electronics, ITDC hit 52-week high

BHEL, Hindustan Copper, MMTC and The New India Assurance surged more than 11%, while MOIL, NBCC, NLC India, GIC Re and SAIL were up in the range of 5-10%.

From ONGC to Coal India, PSUs set to pay higher dividend with tax savings

The PSU stocks, though, could see risk due to greater disinvestment for fiscal 2020, global financial firmBank of America Merrill Lynch said

6th tranche of CPSE ETF opens today for retail investors; should you apply?

The government plans to raise up to Rs 10,000 crore from this tranche of the CPSE ETF, which tracks shares of 11 Central Public Sector Enterprises (CPSEs).

PSU stocks underperform under NDA rule, index down 15% from 2014 peak

The 69 listed-PSUs together reported net profit of Rs 340 billion in FY18, down two-thirds from the previous year and lowest in at least a decade

BSE PSU index hits 18-month low; Bank of Baroda, NTPC at 52-week low

Thus far in the calendar year 2018, the S&P BSE PSU index has slipped 18%, against 4.6% rise in Sensex.

PSU stocks are best avoided at this point

It is impossible to be a passive investor and avoid holding PSU exposure

PSU stocks are best avoided

The basic problem lies with the promoter. Governments tend to be bad at running businesses

Banks, OMCs drag PSU index 14% in CY18; analysts advise caution

Going ahead, analysts suggest investors be selective while investing in PSU stocks.

PSU stocks lose steam while market holds

Stocks of public sector undertakings (PSUs) have begun to fall, even as the overall market has managed to hold its own. The PSE index on the National Stock Exchange has lost nearly eight per cent over the past month; the NSE PSU Bank index has dropped 11 per cent. While its benchmark index, the Nifty, has gained 1.5 per cent in this period.State-owned companies in the banking and commodity space have borne the brunt. While the banking sector has been weighed down by bad loans, a fall in global commodity prices has adversely impacted the latter.Bank of India and IDBI Bank are the top losers among PSUs, both down a little over 20 per cent in the past month. Shares of Bharat Heavy Electricals and Power Finance Corporation fell 19 per cent and 18.4 per cent, respectively. Oil and Natural Gas Corporation and GAIL lost 10.4 per cent and nine per cent each.Market participants expect the stocks of state-owned banks to be under pressure in the near to medium term. with the Reserve Bank of ...

10 PSU stocks to watch out for

PSUs are generally known for stable returns, near debt-free status and dividend track record

Centre may return to OFS for divestments

Buybacks may lose appeal as PSU stocks rebound

PSU stocks find renewed interest

BSE PSU index rallies 10% in one month; nearly a third of the stocks on the index has gained 20% over the period