Are you an investor trying to find a trustworthy way to build wealth in the Indian stock markets over the long term? If so, Public Sector Undertakings (PSUs) may be familiar to you. You will realise why they are essential to achieving India’s aspirations for lasting national wealth once you comprehend their basic role in directing entire sectors and constructing essential infrastructure.
This article explores the world of best PSU stocks, providing you with the necessary information to successfully navigate this potentially lucrative investing path. Let us now have a look at the best government stocks in August 2024, based on 5Y CAGR.
Company Name | Market Cap (In ₹ Crore) | 5Y CAGR (%) | Net Profit Margin (%) |
Rail Vikas Nigam Ltd | 1,19,575.90 | 88.03 | 6.79 |
Hindustan Aeronautics Ltd | 3,20,493.70 | 70.81 | 23.59 |
Bharat Electronics Ltd | 2,20,864.97 | 56.10 | 19.03 |
Bharat Dynamics Ltd | 48,774.81 | 55.63 | 22.43 |
Bharat Heavy Electricals Ltd | 1,02,285.61 | 41.77 | 1.15 |
Note: The stocks have been sorted based on 5Y CAGR as of August 20, 2024
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PSU stocks are incorporated public sector enterprises in which the government owns a majority stake (more than 50%) to meet the public’s requirements in sectors like resources, energy, finance, and transportation.
Through decades of process improvement and accruals, PSUs have grown and reached neglected areas with budgetary support.
Investing in PSU stocks can offer stability and government backing, making them attractive for conservative investors seeking steady returns. However, you must conduct thorough research before investing.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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