PSU

What’s driving PSU stocks to meteoric highs

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[ An analysis by ThePrint of the stock prices and underlying fundamentals of the listed central public sector enterprises (CPSEs) has found that 19 public sector companies, operating in railways, power, housing, shipping, metals, telecom, and heavy machinery spaces have seen their stock prices surge over 100 percent over the past year, with many seeing … Read more

PSU: PSU companies market capitalisation jumps 45% to Rs 51 lakh crore in 2023

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[ MUMBAI: Investor wealth, as measured by BSE market capitalisation, surged by about Rs 85 lakh crore in 2023, of which Rs 16 lakh crore – or nearly a fifth of the overall gain – came from state-owned companies. The combined market of 65 odd public sector undertakings jumped by 45% in 2023 in line … Read more