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Power Mech Projects bags project worth Rs 563 cr from BHEL

Power Mech Projects bags project worth Rs 563 cr from BHEL
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Power Mech Projects , Pressurized Heavy Water Reactors , Kaiga Atomic Power Project , Power Sector Southern Region , Bharat Heavy ,

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way

Notwithstanding the recent sharp decline in the stocks of public sector companies, analysts at Jefferies remain bullish on this segment.

State Bank of India, Coal India, and NTPC are their top picks in this space, they said in a recent note.

The public sector undertaking (PSU) or state-owned enterprise (SOE) index, with a 70-percentage-point outperformance versus the National Stock Exchange Nifty50 over the past 12 months, comes after a decade of underperformance before 2020. ....

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