Top 10 PSU stocks that have given over 70% returns in 3 years
Top 10 PSU Stocks in 3 Years: The dockyard tops the PSU gainer list with 118.79 per cent returns in the three years. Its one-year return is 179.81 per cent.
Top 10 PSU Stocks in 3 Years: PSU stocks have been performing well for some years. As many as 30 of them have turned multibaggers in the last one year, while 10 of them have given over 70 per cent returns in the three years. The main credit for the high rise of PSU stocks goes to the central government's focus on the 'Make in India' project. The government is focusing on PSU growth, and as a result, a lot of PSUs are getting multiple large orders every year.
The increase in their business is translating into a rise in their stock price.
In this write-up, we take you through the list of 10 PSU stocks that have given over 70 per returns in the three-year period (As per Value Research data)
Mazagon Dock
The dockyard tops the PSU gainer list with 118.79 per cent returns in the three years. Its one-year return is 179.81 per cent.
The company has a market value of Rs 43,815.14 crore, as per the BSE website on Tuesday. The stock of the company closed at Rs 2255.70 on Monday.
Rail Vikas Nigam
The railway PSU stock has given a 111.12 per cent return in the three years. It has given a return of 88.67 per cent in the year-long period.
The company's market value is Rs 55,805.56 crore, while its stock closed at Rs 276.50 on Monday.
Hindustan Aeronautics Ltd
HAL has given a 97.91 per cent return in the three-year period. It has become a multibagger in the last one year with a 152.17 per cent return.
The company's market value is Rs 2,48,496.73 crore, while its stock closed at Rs 3817.30 on Monday.
Indian Railway Finance Corporation
Another railway PSU stock has given a return of 92.66% in the three years. Just in the last year, its returns are 333.00 per cent.
The company's market value is Rs 1,96,811.70 crore, while its stock closed at Rs 155.70 on Monday.
Cochin Shipyard
The shipyard building company has given 88.39% returns in the 3 years. Its return in the one-year period is 355.24 per cent.
The company's market value is Rs 32,806.17, while its stock closed at Rs 1,287.45 on BSE on Monday.
Bharat Dynamics
The defence PSU has given 76.68 per cent return in the three years.
Its market value is Rs 33,943.69 crore, while its stock closed the trading session on Monday at Rs 1905.25.
Ircon International
The railway construction PSU stock has given a 74.73 per cent return in the three years. The PSU stock has skyrocketed by 170.27 per cent in the three-year period.
The firm's market value stands at Rs 21,993.96 crore, while the stock ended the trading session on Monday at Rs 246.20.
Oil India
The oil and gas exploration and production firm has given a 73.89 per cent return in the three years, while its return for the one year is 152.97 per cent.
The company's market value is Rs 68,751.29 crore, while its stock closed trading on Monday at Rs 633.20.
REC Ltd
The power finance company has given returns of 72.59 per cent in the three-year period.
Its one-year returns, meanwhile, are 285.26 per cent. The firm's market value is Rs 1,33,504.46 crore, while its stock ended trading on Monday at Rs 516.65.
SJVN
The power generation PSU has given 70.91 per cent returns in the three years. Its returns in the last one year are as high as 238.35 per cent. The PSU's market value is Rs 49,770.86, while its stock closed at Rs 132.40 on Monday.
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