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PSU

TREND | 06 Feb 2024

Power Grid Q3 preview: High costs to hit net profit, capacity pangs to cap revenue growth

Moneycontrol

Analysts anticipate a muted quarter for Power Grid despite optimism in the power segment. Capacity woes, high costs may mean a missed market for the PSU.

PSU

TREND | 06 Feb 2024

Sanjiv Bhasin on what should investors do with OMC stocks

Economic Times

US yields and Indian midcaps are experiencing a shift in the market. There are now three rate cuts, softening yields, and a potential correction in the PSU basket. PSUs have seen under ownership and outperformance, but there is extreme overbought conditions. In terms of earnings, Ashok Leyland and Bharti Airtel have shown strong numbers, while some agrochem and specialty players are in an accumulation zone.

PSU

TREND | 06 Feb 2024

Weakening bond yields give a fillip to PSU banks' rally

Economic Times

Analysts, however, say upsides in these shares could be limited because of rising credit costs and rich valuations. Shares of UCO Bank soared 15.23% to an all-time high of 60.65.

Kishor Rungta bids farewell to FACT after turning it around

Business Line | 05 Feb 2024 3 more

PSU

TREND | 05 Feb 2024

2 auto stocks Sanjiv Bhasin is bullish on for near term

Economic Times

So I think it will continue to be in a little range bound. We have to understand that the pre-provisioning operating profit was above sentiment, but maybe this was a one off. However, like I said, maybe the sheer weight of being such a large heavyweight will keep it under check. And I think today it could be a little bit weak . But if you have a longer term view, then definitely State Bank is one PSU bank where long term money should find its way.

PSU

TREND | 04 Feb 2024

Focus To Be On Concluding Ongoing Strategic Sales In FY25: DIPAM Secretary

NDTV Profit

DIPAM focuses on concluding ongoing strategic sales in FY'25, with no new CPSE for strategic sale.

PSU

TREND | 04 Feb 2024

ONGC, IOC, other oil PSUs to invest 1.2 lakh crore in FY25

Business Line

In her interim budget for 2024-25, Finance Minister Nirmala Sitharaman had put off capital support to oil marketing companies to the next fiscal.

ONGC, IOC, Other Oil PSUs To Invest Rs 1.2 Lakh Crore In FY25

NDTV Profit | 04 Feb 2024

PSU

TREND | 03 Feb 2024

What to expect from Nestle, Tata Consumer & Britannia earnings next week? Sudip Bandyopadhyay answers

Economic Times

Sudip Bandyopadhyay, Group Chairman of Inditrade Capital, advises caution in the oil and gas sector due to investments in energy transition and upcoming elections. He highlights the attractively valued oil marketing companies compared to other PSUs but warns of potential challenges in earnings and handling volatile oil prices.

PSU

TREND | 02 Feb 2024

Capital Receipts Of Rs 30,000 Crore In FY24 RE Includes Disinvestment, Asset Monetisation: DIPAM Secy

NDTV Profit

The Revised Estimates for FY24 include a target of Rs 30,000 crore in capital receipts, with Rs 20,000 crore from CPSE disinvestment and the rest from asset monetisation.

PSU

TREND | 02 Feb 2024

Daily Voice | This market veteran rates budget 9 out of 10, is positive on PSU banks

Moneycontrol

India remains an attractive investment destination, in particular, due to rising geopolitical tensions, says Rajesh Bhatia of ITI Mutual Fund

Nothing new in Interim Budget; see deep value in energy, power, PSUs, metal, cement: Quant's Sandeep Tandon

Moneycontrol | 01 Feb 2024

PSU

TREND | 01 Feb 2024

PSU Banks and housing finance stocks get a boost

Business Line

Stocks of Union Bank of India, Indian Overseas Bank, Repco Home Finance and GIC Housing Finance look bullish on charts