From ₹68 to ₹269: BHEL share price grows four-fold in less than a year; here’s why
On Monday, the PSU stock gained 15% to hit a record high of ₹271.20, registering its biggest single-day surge since September 1 last year.
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This railway stock surges 77% in Jan; hits new high amid Budget optimism
The largecap stock, which made its share market debut on April 11, 2019, has risen more than 1,500% in the last five years.
Market gives thumbs up BJP’s hat-trick in Hindi heartland; Sensex surges 1,100 pts to hit new high
Both Sensex and Nifty, along with midcap and smallcap indices, clocked fresh highs today as investors celebrated BJP’s big gains in MP, Rajasthan and Chhattisgarh.
These 2 PSU stocks fall up to 27% in 3 sessions on reports of likely shutdown
The government is likely to take a call on the closure of these PSUs in a high-level meeting on October 23, as per report.
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.
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.
