From ₹2,242 to ₹4,108: HAL share doubles in a year on back to back order wins
The share price surged 4% intraday after the government approved a plan to acquire 12 additional Sukhoi Su-30MKI fighters to be built at HAL’s Nashik factory.
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Gujarat PSU stocks surge up to 17%; here’s why
All seven listed public sector undertakings (PSUs) of the Gujarat government were trading in green today after the state unveiled a new policy for dividend, and bonus shares.
Defence PSU stocks jump as govt inks deals worth ₹37,600 cr
Ministry of Defence also inked ₹19,600 crore worth contracts with Indian shipyards.
Hindustan Copper stock jumps 3%; here’s why
The miniratna company plans to raise ₹500 crore via debentures or bonds on a private placement basis.
What’s driving investors to PSU stocks?
Cheaper valuations, high dividend yields and government’s privatisation drive make them ideal re-rating candidates.
