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PSU shares

PSU Shares

LIC listing: State-run insurer lists at 8.11% discount at Rs 872 on NSE

PTI -
LIC listed its shares at a discount of 8.11 percent at Rs 872 per share on the NSE on Tuesday, bring the LIC listing process to a close
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This PSU share has given a return of close to 152% in past one year

Vivek Shukla -
Defence PSU BEML has proven a track record to be a quality PSU share that has given investors good 152 percent return in past one year
Latest News

Rakesh Jhunjhunwala has bought these PSU Shares and here is how they doing

Equity Watch Bureau -
Rakesh Jhunjhunwala has recently reiterated his faith in PSU stocks and has also invested in a few of them which has got him handsome returns in a short period of time
National News

Now what is going to happen to IRCTC shares? Should you buy or sell?

Equity Watch Bureau -
IRCTC shares plunged as much as 30 percent in early trade on Friday but recovered following reversal of the order by the ministry of railways which required IRCTC to share 50 percent of its revenue earned from convenience fees
National News

NHPC pays final dividend of Rs 249.44 crore to Govt for FY 2020-21

PSU Watch Bureau -
NHPC Limited has paid a final dividend of Rs 249.44 crore to the government of India for the Financial Year 2020-21 (FY21)
Latest News

IRCTC Share: Market cap hits Rs 1 Trillion then nosedives 21.7% from the day’s peak

PSU Watch Bureau -
IRCTC share becomes the ninth PSU earlier in the day by hitting Rs 1 Trillion Market Cap but ended the day with losses at a market cap of Rs 85,808 crore after a wild swing
National News

NMDC profit shoots up 708% at Rs 2,838 Cr in Q4FY21

PSU Watch Bureau -

Mining PSU NMDC has posted a massive rise in its Profit After Tax for the quarter ended March 31 which is almost eight-times higher at Rs 2,838 crore compared to Rs 351 crore during CPLY

National News

RailTel shares list at a premium, close 29% up amidst market sell-off

PSU Watch Bureau -

The shares of RailTel touched a high of Rs 125.50 with a premium of 33.51 percent on BSE and Rs 127.85 with a premium of 36.01 percent on NSE

National News

Govt should be selling PSU shares from every rooftop right now: Raghuram Rajan

PSU Watch Bureau -

Raghuram Rajan has said that the govt should take advantage of the peaks in Indian equity markets right now and should be busy selling stakes in PSUs

National News

Govt has received 3 EoIs for BPCL; committed to disinvesting shares in PSUs: Pradhan

Shalini Sharma -

The Centre has received three EoIs from potential investors for buying out its stake in state-run BPCL, Dharmendra Pradhan has said

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PSU Watch is a business news brand of 27 Frames Communications LLP. It places the spotlight on PSUs, Governance, Bureaucracy, Defence and Public Policy as the sector traverses through a period of radical change.

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