Trend PSU - Latest news, views and updates

Good part is that in terms of our portfolio, we were already positioned towards things which were at reasonable valuation. So, we have avoided PSUs, railways, defence, those kind of stocks. We do not own in our portfolio for quite some time now.

PSU

TREND | 07 Oct 2024, 03:15PM

RVNL, RITES, SAIL decline up to 8% in weak market; BSE PSU index slips 3%

Business Standard

PSU stocks were under pressure amid wider weakness in the market, with the BSE Sensex and Nifty 50 declining nearly 1% each

PSU

TREND | 04 Oct 2024

Nifty PSU Bank index rises 2% after Bank of Baroda posts steady Q2 numbers

Business Standard

Analysts at Elara Capital said no significant asset quality challenges and steady growth may ensure rerating for some PSU banks (after recent correction) on earnings stability.

PSU

TREND | 01 Oct 2024

Coal India production drops marginally by 1% in Sep to 50.9 mn tonne

Business Standard

State-owned CIL's coal production dropped marginally by 1 per cent to 50.9 million tonnes (MT) in September. The coal behemoth, which accounts for over 80 per cent of the domestic coal output, produced 51.4 MT in the corresponding month of the previous fiscal year, Coal India Ltd (CIL) said in a filing to the BSE. However, the PSU's coal output in the April-September period of the current fiscal year increased 2.5 per cent to 341.5 MT, over 332.9 MT in the year-ago period. The amount of coal supplied from the pitheads of Coal India dropped to 54.4 MT last month, over 55.2 MT in the corresponding month of the previous fiscal year. However, the coal offtake in the April-September period increased to 366.6 MT, over 360.6 MT in the corresponding period of previous fiscal year. Coal India's production rose 10 per cent to 773.6 million tonnes in 2023-24 but fell short of its production target of 780 MT for the fiscal year. CIL's production was 703.2 MT in the preceding 2022-23 fiscal .

PSU

TREND | 27 Sep 2024

'Public Sector Continues To Dominate Our Orderbook': Capacite Infraprojects' Subir Malhotra

NDTV Profit

PSU

TREND | 26 Sep 2024

At close to Rs 22,000 crore, PSU dividends remain robust and may exceed Budget Estimates

Business Today

Indian Oil Corporation has paid the highest dividend so far at Rs 5,090.54 crore; disinvestment remains on the backburner.

PSU

TREND | 26 Sep 2024

Investors turn to bonds for higher yields amid equity risks, elevated valuations

Economic Times

Investors are turning to bond platforms like bondbazaar and indiabonds for higher yields amid equity risks and elevated valuations. These platforms offer a variety of bonds, including PSUs, tax-free bonds, and NBFC instruments, allowing investors to earn returns of 7-20% based on their risk appetite.

PSU

TREND | 24 Sep 2024

Centre considers plan of building talent pool for top roles at PSUs

Business Today

Move will help fill vacancies swiftly, ensure continuity in decision-making