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TREND | 06 Feb 2025

Bharat Electronics is riding the defence boom. But is it a long-term bet?

livemint

Bharat Electronics is surging ahead with stellar Q3 results. With major defence contracts in the pipeline and diversification into high-growth sectors, is it a top PSU bet?

Bharat Dynamic Q3 Results: Net profit rises 9% to 147 crore; revenue up 38% YoY; declares dividend of …

livemint | 06 Feb 2025 1 more

PSU

TREND | 04 Feb 2025

PSU OMC's capex spend to grow by 4.5% in FY26

Business Line

The cumulative budget estimate (BE) for FY26 for the three OMCs is higher by 15.75 per cent at around 65,293.85 crore compared to the BE for FY25

PSU stock NLC India rallies 12% on robust Q3 earnings

livemint | 04 Feb 2025 2 more

PSU

TREND | 02 Feb 2025

More than 2 crore permanent IT payers will benefit due to change in IT rates, Finance Secretary Tuhin K Pandey

Business Line

Finance Secretary Tuhin Kanta Pandey discusses tax changes benefiting over two crore people and green CPSE subsidiaries entering the stock market

PSU

TREND | 02 Feb 2025

Budget 2025: PSU stocks tumble up to 9% on Budget Day, marking the sharpest decline since 2020

Economic Times

PSU stocks dropped over 9% on Budget Day, with the BSE PSU index falling 2.7%. Investors were disappointed by a lower-than-expected capital expenditure allocation of Rs 11.2 lakh crore. Key sectors like defense, railway, and power saw declines, with defense PSUs and railway stocks losing up to 4%. The budget's flat allocations led to investor disappointment.

PSU

TREND | 01 Feb 2025

Power sector PSUs' investments to rise nearly 21% to Rs 86,138 cr in FY26

Business Standard

The government has proposed to increase total investment by the nine state-owned power sector firms by nearly 21 per cent to Rs 86,138.48 crore in 2025-26 compared to the previous fiscal year. According to the Budget document, the Revised Estimate (RE) of investment by these nine firms is pegged at Rs 71,278.33 crore for 2024-25 while the budgeted estimate (BE) of Rs 67,286.01 crore. State-owned power giant NTPC recorded the maximum increase in investment to Rs 26,000 crore in the next fiscal year from RE as well BE of Rs 22,700 crore in 2024-25. Similarly, the investment by Power Grid Corp will be raised to Rs 25,000 crore in the next fiscal year from the RE of Rs 20,000 crore and BE of Rs 12,250 crore in 2024-25. The investment by SJVN Ltd will be Rs 12,000 crore in FY26 as against the RE of Rs 7,000 crore this fiscal year. The amount was fixed at Rs 12,000 crore in BE for FY25. The investment by the NHPC will also go up to Rs 13,000 crore in the next fiscal year from RE of Rs .

PSU

TREND | 01 Feb 2025

PSU stocks tumble up to 8% as Budget 2025 lowers FY25 capex to 10.18 lakh crore

livemint

Union Budget 2025 reduced capital expenditure to 10.18 lakh crore triggers significant losses in PSU stocks, particularly in railways, defense, and banking sectors.

PSU

TREND | 01 Feb 2025

'Replace PSU dividend pressure with sovereign wealth fund': Compcircle's Kondawar proposes strategic pivot

Business Today

India already has a sovereign wealth fund in the form of the National Investment and Infrastructure Fund (NIIF), but Kondawar's proposal hints at scaling this concept further. His suggests a more robust, globally active fund, backed by domestic financial giants like LIC.

PSU

TREND | 29 Jan 2025

Public sector banks to lend 10 lakh Cr by 2030 to RE sector: DFS Secretary

Business Line

The DFS Secretary flagged issues that are adversely impacting financing of renewable energy (RE) projects by banks and financial institutions.

PSU

TREND | 29 Jan 2025

Cabinet approves National Critical Minerals Mission with 16,300 cr outlay; additional 18,000 cr to be raised from PSUs

Business Line

The Mission, now valued at 34,000 crore, is the largest push by the Centre Modi government towards pushing greentech and ensuring mineral security

Cabinet Hikes Ethanol-Procurement Price For Public Sector OMCs

NDTV Profit | 29 Jan 2025 1 more

PSU

TREND | 28 Jan 2025

Indian wind major Suzlon posts 91% profit jump in Q3

Business Line

The company's order book reached an all-time high of 5.5 GW, with Commercial & Industrial (C&I) and Public Sector Undertaking (PSU) customers now accounting for approximately 80 per cent of total orders