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Indian PSUs surge for the third consecutive year; REC, PFC, RVNL see upto 250% gain in 2023

Indian PSUs surge for the third consecutive year; REC, PFC, RVNL see upto 250% gain in 2023
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REC, PFC, Rail Vikas Nigam among 14 PSU stocks that rallied between 100% and 250% in CY23

Rural Electrification Corporation (REC) topped the list with a remarkable 250% return in CY23, marking its most substantial yearly gain since 2009. In today s trade, the stock touched a new all-time high of ₹412 apiece.

Stocks in focus: Zomato, IRCON, IIFL Securities, Maruti Suzuki and more

Indian market closed lower on Thursday amid profit booking from record highs. Sensex declined 132 points to close at 69,521 and Nifty slipped 36.55 points to end at 20,901. Here’s a look at stocks that are likely to remain in news today.

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