Coal India leads the list with a dividend yield of 7 per cent, making it the most attractive dividend play among government-backed companies
RITES share price gained after the company announced that it has secured an order worth ₹25.30 crore from NTPC.
DIIs - which include mutual funds, insurance companies, and pension funds -- poured $19.7 billion into Indian stocks last quarter, far ahead of the $5.4 billion invested by FIIs.
SBI, BEL, HAL, Power Grid, and Coal India are among the top stock picks for Motilal Oswal
Share price of ITI rallied 8 per cent to ₹ 365.95 on the BSE in Thursday's intra-day trade amid heavy volumes in otherwise subdued market
IFCI stock hit five-month high as it jumped 11 per cent to ₹68 on the BSE on back of two-fold rise in average trading volumes on Wednesday. IFCI has seen a good surge in the last few trading sessions.
Bharat Electronics hit four-month high of ₹317.90, rallied 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on a healthy business outlook.
Coal India leads the pack with a dividend yield of 8 per cent. Following it are ONGC, and BPCL, both offering a dividend yield of 6 per cent each
The northward movement in the share price came following the news that the Maharatna company is looking to build 30 gigawatts of nuclear power capacity over the next two decades
Stocks in areas such as defence, capital goods, railways, and PSU banks had rallied significantly
At 10:20 AM, the BSE PSU index, the top gainer among sectoral indices, was up 3.5 per cent at 19,856, as compared to the 1.5 per cent rise in the BSE Sensex
Godawari Power and Ispat Ltd (GPIL) on Saturday reported about 38 per cent decline in consolidated net profit to Rs 159.39 crore in the September quarter of 2024-25. It had posted Rs 256.71 crore "net profit from ordinary activities" in the same period a year ago, the company said in an exchange filing. Total income fell to Rs 1,290.38 crore from Rs 1,314.21 crore in the July-September period of 2023-24. Expenses increased to Rs 1,073.93 crore from Rs 974.62 crore in the year-ago quarter.
BSE analytics reflect that ONGC shares have outperformed the benchmark S&P BSE Sensex with a rally of 59.76 per cent year-to-date, against the latter's 13.10 per cent
In the past two months, major PSE index constituents are experiencing profit booking. Here's how analysts view the space
Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget
PSU stocks to buy: Analysts caution that premium valuation of PSU stocks may lead to limited upside from here
NLC India's board of directors are set to meet on June 10, 2024 to consider and approve foreign currency loan through external commercial borrowings (ECB) up to $600 Million
Shares of state owned companies fell on the BSE in Tuesday's early trades. The BSE CPSE index was down by 8.3 per cent at 4,025 levels.
India's banking system continues to ride the good economic growth momentum, well supported by recent structural improvements in the system.
The Nifty PSU Bank Index is currently trading at 7,456.75. The near-term trend is bullish on the charts; however, the index is approaching a significant resistance zone between 7,500 and 7,590