REC, PFC, IRFC, Mazagon Dock: Every 3rd PSU stock up 100% in 2023 on Modi policies; what's next?

The BJP government has initiated various measures to increase the operational autonomy of the PSU companies and proposed significant reforms and divestment in these companies. Shares of power sector lenders REC and Power Finance Corporation have climbed 252 per cent and 241 per cent, respectively, in 2023, so far.

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