PSU Stocks

 The Public Sector Undertaking (PSU) is a key provider to the economic expansion of India. PSUs are essentially businesses in which the Indian government owns at least 51% of the business. These businesses have been essential to many industries, including infrastructure, banking, energy, insurance, and others.

History Of PSU

Bombay Stock Exchange Limited launched 'BSE PSU Index' on 4 June 2001. This index consists of major Public Sector Undertakings listed on BSE. The BSE PSU Index is displayed on-line on the BOLT trading terminals nationwide.

Public Sector Undertaking (PSU) Industry - A Brief Overview

Supporting and meeting the public interest is the PSU industry's main goal, not increasing profits. Indian PSUs are involved in a wide range of industries, such as steel, banking, manufacturing, energy, mining, telecommunications, defense, and so forth.

In India, PSUs rank among the largest employers. It has been offering thousands of job chances in all Indian cities. In addition, PSUs are essential to the creation of government programs and policies. They carry out government initiatives related to socioeconomic welfare, poverty alleviation, rural development, etc.

Best PSU Stocks in India 2024 as per Analyst Ratings

Government or PSU equities have long been preferred by many Indian investors. As a result, we have compiled a list of some of the best PSU stocks based on the I/B/E/S database's BUY analyst rating. These ratings are a compilation of investment recommendations provided by licensed stock market professionals.

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