Psu Stocks

DIPAM Secretary also said the government will nudge private firms to ensure fairer dividends

Union Bank shares fall 5% on major miss in loan growth, deposit guidance

Union Bank said its total loan book increased 8.6 percent to cross Rs 9.82 crore by the end of Q4FY25, however, this was lower than the 11-13 percent loan growth guidance previously stated by the lender.

Railway, defence, infra stocks suffer on subdued capex spend in Budget 2025

Market experts were disappointed with the subdued capex targets for FY25 and FY26, seeing it as a shift in the government's focus from capex towards consumption.

PSUs miss out on major boost in Budget 2025: Is it time to exit?

While PSU stocks took a hit from the Budget’s muted capex allocation, analysts expect an uneven impact across capex-linked sectors. While sectors like railways and infra, may struggle, defence could continue to hold ground.

Short Call | Is BJP's thumping Maharashtra win the elixir that PSUs needed? Astral, Dixon Tech in focus

“The history of markets is one of overreaction in both directions.”--Peter Bernstein

Maharashtra Election win fires up PSU stocks – banks, energy, infra big gainers

The BJP-led alliance crossed 200-mark out of 288 seats in Maharashtra state elections, bringing in renewed focus on infrastructure development

NTPC shares fall 3% despite Q2 results beating Street estimates; PSU stock outruns Nifty YTD

NTPC shares dropped over 3 percent despite reporting a 14 percent YoY rise in consolidated net profit to Rs 5,380 crore for Q2FY25, alongside an interim dividend approval of Rs 2.5 per share.

Retail investors betting big on PSUs even as shares dip from record highs

In the September quarter, 56 out of 68 PSUs saw a rise in retail shareholders, despite most seeing stock declines. Only 16 delivered positive returns.

PFC, BEL, other PSU shares gain amid BJP's likely historic win in Haryana; Nifty PSE index up 2%

Policy continuity has played a key role in boosting investor sentiment, as the BJP reversed many of the setbacks it faced in the Lok Sabha election results a few months ago. Furthermore, the party has emerged as the single largest national party in Jammu & Kashmir.

NMDC stock in focus on strong sales growth, ore prices hike amid rising global demand

NMDC recorded iron ore production of 3.04 million tonnes in September 2024, a 1.3 percent increase compared to the same period last year, while sales rose 13.8 percent YoY to 3.54 million tonnes.

HUDCO stock soars 10% on heavy volumes, snaps 5-day losing streak

Shares of HUDCO surged by up to 10 percent, breaking a five-day losing streak, as trading volumes spiked significantly on BSE and NSE.

RITES stock zooms 12% as it trades ex-dividend and ex-bonus

RITES shares surged up to 12 percent on the ex-bonus and ex-dividend trading day, with a record date set for September 20 for a 1:1 bonus and Rs 5 dividend.

With markets at all-time highs, defensive plays gain favour

Over the past week, the rally in PSU stocks has cooled off significantly, with the BSE PSU index sliding nearly 4%. Meanwhile, defensive sectors have gained momentum, with the BSE FMCG and BSE Healthcare indices rising around 2%.

IREDA stock rises after subsidiary earns provisional registration as finance firm in GIFT City

IREDA shares are in focus after the state-owned firm's subsidiary received provisional registration as a finance company from IFSCA at GIFT City.

What's dragging PSU stocks down

The recent sell-off in PSU stocks by institutions is driven by two main factors: valuation and performance concerns

Coal India gets mixed ratings after output dips 12%; PSU stock rises 94% in a year

Coal India sees mixed analyst ratings as its output drops 12 percent YoY due to erratic monsoon rains. Motilal Oswal and JM Financial reiterated their buy ratings, while Nuvama maintained sell on rise.

Index of PSU stocks takes a beating in August as overall share in m-cap dips

The share of the BSE PSU Index in India's total stock market capitalization fell to a seven-month low of 15.14 percent in August, as stocks of many government-owned companies took a pause following a substantial rally since last year.

NBCC India approves bonus issue; multibagger PSU stock gains, up 233% in 1 year

NBCC (India) stock in focus as its board recommended a 1:2 bonus issue, issuing one additional share for every two held, with the record date set for October 7.

HAL tracks Rajnath Singh's US visit, hopes for early GE engine supplies

Rajnath Singh is currently in US to strengthen and widen defence cooperation, amid anticipation that issues around timely delivery of General Electric's F-404 engines - essential for HAL's Tejas Mark-1A - may be ironed out.

RailTel stock gains on securing work order of Rs 52.66 crore

Railtel Corporation is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fibre network on exclusive Right of Way (ROW) along Railway track.

HAL Q1 results: Net profit jumps 77% to Rs 1,437 crore

HAL Q1 results: Revenue from operations rises 11 percent to Rs 4,348 crore

SJVN soars 6% on strong Q1 results; PSU stock up 150% in one year

SJVN posted 31 percent rise in consolidated net profit at Rs 357.09 crore in Q1FY25 on account of higher income.

RVNL stock gains on MSCI India Index inclusion; Antique resumes coverage with 'sell' rating

RVNL shares continued to rise, driven by investor optimism following its inclusion in the MSCI India index, despite reporting a 35 percent drop in Q1FY25 net profit.

RVNL, Ircon, other railway PSU stocks surge up to 8% on cabinet nod to Rs 24,657 crore projects

Shares of Rail Vikas Nigam Ltd (RVNL) surged 8% alongside other railway PSUs after the Cabinet approved Rs 24,657 crore worth of railway projects across seven states.

Bharat Dynamics stock plummets 19% on weak Q1 results; brokerages bullish, should you buy the dip?

Antique has maintained 'buy' recommendation Bharat Dynamics stock with a price target of Rs 1,641, saying that execution normalisation will be the key for further re-rating of the stock.