3 PSU stocks that have turned into multibaggers in just 3 months; 4 others that have soared at least 52%

Top 7 PSU Stocks: As the date for the budget presentation (July 21) is approaching fast and investors are also fixing their gaze on announcements related to public sector undertakings, PSU stocks are skyrocketing along with the rise of BSE Sensex and Nifty 50. Just in a span of three months, three PSU stocks have given multibagger returns, while four others have gained more than 50 per cent. The other reason behind the rally in PSU stocks is the central government's focus on the Make in India project. In this write-up, know about seven such stocks that have given over 52 per cent returns in three months (As per Value Research data). 

Cochin Shipyard

The large-cap company that is into shipbuilding and its repair has given a 159.55 per cent return in the three-month period.

The stock's one-year return is 771.32 per cent. It has a market value of Rs 72,120.97 crore as of July 16, 2024.

Its earning per share (EPS) for 12 months is 30.91.

The company reported March quarter consolidated revenue from operations of Rs 13,661.68 crore, while its profit after tax was Rs 2,588.81 crore. 

Mazagon Dock

Another shipbuilding firm has given a 151.79 per cent return in three months.

Its return in the one-year time frame is 229.80 per cent. The large-cap firm's market value as of July 16, 2024, is Rs 1,09,022.52 crore.

Its stock closed trading at Rs 5,405.45 on BSE on Tuesday. Its EPS is 91.50.

The firm's revenue from operations in the March quarter was Rs 34,523.70 crore, while its net profit was Rs 6,629.70 crore. 

RVNL

The railways PSU stock has given a 147.07 per cent return in three months.

Its return in the one-year period is 418.95 per cent.

The market value of the PSU is Rs 1,29,302.52 crore.

Its stock closed trading on BSE on Tuesday at Rs 620.15.

The stock's EPS is 7.02. Its revenue from operations for the March quarter was Rs 6,994.30 crore, while its net profit was Rs 4,78.39 crore. 

Bharat Dynamics

A prominent defence PSU has given an 81.58 per cent return in just three months.

Its one-year return is 171.23 per cent. The PSU has a market value of Rs 58,704.98 crore. Its stock closed trading on Tuesday at Rs 1,601.50.

The stock's EPS is 16.72. In the March quarter, the company clocked standalone revenue from operations of Rs 854.12 crore, while its profit after tax for the same quarter was Rs 288.78 crore.

HUDCO

The PSU which is mainly in housing finance, has given a 70.64 per cent return in three months.

It has skyrocketed by 467.82 per cent in the one-year period.

The market value of the company is Rs 67,133.72 crore. Its stock closed trading on Tuesday at Rs 335.35.

The firm's EPS is 10.57. In its March quarter, the housing finance PSU reported consolidated revenue from operations of Rs 2,194.04 crore, while its net profit during the same period was Rs 7,00.10 crore. 
 

Rashtriya Chemicals and Fertilizers Ltd

The stock has given a 65.94 per cent return in the three months and a 103.33 per cent return in the one-year period.

The company has a market value of Rs 12,777.10 crore. Its stock closed the trading session on Tuesday at Rs 231.60.

The firm's EPS is 4.13. In the March quarter, the company's revenue from operations was Rs 39,08.13 crore, while its net profit after tax was Rs 95.24. 

Indian Railway Finance Corporation (IRFC)

The stock has given a 51.24 per cent return in three months.

It has skyrocketed by 551.64 per cent in the one-year period.

The firm has a market value of Rs 2,77,183.01 crore, while its stock closed trading at Rs 212.10 on Tuesday.

The EPS is 4.92. In its March quarter, its standalone revenue from operations was Rs 6,473.55 crore, while its profit after tax was Rs 1,717.32 crore.