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Short Call: This correction is no correction, HUDCO, Zomato, JSPL, UPL in focus

Short Call: This correction is no correction, HUDCO, Zomato, JSPL, UPL in focus
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Prabhudas Lilladher , Sunita Baldawa , Sanjeev Prasad , Anindya Bhowmik , Institutional Equitie , Short Call , Blast Furnace ,

PSU stock froth persists: Q4 test for financial endurance

Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024.

Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space.

The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability. ....

India General , Narendra Solanki , Deven Choksey , Sanjeev Prasad , Anindya Bhowmik , Sunita Baldawa , Dominic Xavier Rediff , Drchoksey Finserv , Indian Railway Catering , Tourism Corporation , National Mineral Development Corporation , Hindustan Petroleum Corporation , Hindustan Aeronautics , Natural Gas Corporation , Indian Railway Finance Corporation , Bharat Electronics , Rural Electrification Corporation , Indian Oil Corporation , Economic Service , Anand Rathi Share , Rail India Technical , Kotak Institutional Equities , State Bank , Business News , Usiness News India , Ndia Business News ,

Short Call | Earnings picture hard to ignore; L&T, Dixon, Alkem, Kirloskar Ferrous in focus

Kotak strategists Sanjeev Prasad, Anindya Bhowmik and Sunita Baldawa are unsure if most PSU stocks will see meaningful earnings upgrades over the coming 12-24 months, to be able to justify the high valuations ....

Dixon Technologie , Sunita Baldawa , Umesh Sharma , Anindya Bhowmik , Sanjeev Prasad , Edwin Lefevre , Tata Motors , Tata Steel , Kotak Institutional Equities , Compal Smart , Short Call , Indian Markets ,