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Looking for PSU stocks to buy? Go with momentum, dividend yield, says Bernstein

The PSU index is expensive, trading at 11.2x fwd PE and 1.8x PB which is +1SD to the historical average. However, relative to the broader market (BSE 500), PSU portfolio is still trading below the historical mean on 12-month forward PE and just slightly above the mean on PB. ....

Rupal Agarwal , National Aluminium Co , Union Bank , Bharat Electronics , Indian Bank , Container Corp , Canara Bank , Institutional Investors , Gujarat Gas , Psu Stocks , Psu Portfolio , Bank Of India ,