6 PSU stocks with over 250% return in 1 year
PSU stocks have been the game-changer under the current political dispensation. As many as 37 of them have given multibagger returns in the last one year. Some of the PSU stocks that are ruling the S&P BSE PSU Index are Indian Railway Finance Corporation, Cochin Shipyard, HUDCO, and Mangalore Refinery.
Here's a list of 6 PSU stocks on S&P BSE PSU Index with at least 252.82 per cent returns in the last year. (Data source: Value Research).
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Indian Railway Finance Corporation
Indian Railway Finance Corporation The PSU stock at the top has given returns of 393.63% in the last one year. Its three-year returns are also impressive at 85.77%.
Cochin Shipyard
Cochin Shipyard The shipyard building company has given returns of 352.26% in the one-year period.
HUDCO
HUDCO The company that is the latest to get a Navratna status has given 326.95% returns to its shareholders in a year.
Mangalore Refinery
Mangalore Refinery The oil refinery is also one of the toppers with returns to the tune of 317.77%.
SJVN
SJVN The company, formerly known as Satluj Jal Vidyut Nigam, has given a return of 273.87% in the year-long period.
Ircon International
Ircon International The company into the construction business has given returns of 252.82%.