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Analysts bullish on banks, defence-related plays in the PSU pack

The rally in PSU pack thus far in CY22 was mostly led by stocks from the banking and defence-related verticals, while those of oil & gas and metals & minerals did not contribute much

Topics
PSU shares | PSU stocks | PSU stake sale

Puneet Wadhwa  |  New Delhi 



Company, PSUs, valuation, firms
Illustration: Binay Sinha

Stocks of public sector companies have had a good run at the bourses in the first nine months of calendar year 2022 (CY22), with the S&P BSE PSU index rising almost 14 per cent during this period. In comparison, the S&P BSE Sensex gained a modest 3 per cent, data show.

ALSO READ: Defence PSUs to hold roadshows in Dubai, Abu Dhabi to woo investors

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First Published: Tue, September 13 2022. 13:41 IST

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