PSU stocks list with up to 100% return in 2024: According to Sanjay Moorjani, Research Analyst, SAMCO Securities, the expectations of the NDA government coming back to power are leading a rally in PSU stocks.
"The PSU Index has witnessed an extraordinary run over the past year and a half in the tenure of the Modi government.
The government's persistent prioritization of power development, indigenous production for defence, railways and affordable housing projects has upheld investor enthusiasm in this sector.
The expectations of the NDA government coming back to power is leading a rally in PSU stocks," Moorjani said.
Some PSU stocks that have delivered well are RVNL, Cochin Shipyard, HUDCO, IFCI, Bharat Dynamics and IRFC.
PSU stocks list with up to 100% return in 2024: According to Sanjay Moorjani, Research Analyst, SAMCO Securities, the expectations of the NDA government coming back to power are leading a rally in PSU stocks.
"The PSU Index has witnessed an extraordinary run over the past year and a half in the tenure of the Modi government. The government's persistent prioritization of power development, indigenous production for defence, railways and affordable housing projects has upheld investor enthusiasm in this sector. The expectations of the NDA government coming back to power is leading a rally in PSU stocks," Moorjani said.
Some PSU stocks that have delivered well are RVNL, Cochin Shipyard, HUDCO, IFCI, Bharat Dynamics and IRFC. Check full details.
