5 Top Performing PSU Stocks That Delivered Between 198-236% Return In The Last 1-Year

PSU stocks for reasons ranging from divestment or privatization, natural resources' supply concerns are in for a re-rating in the near future. So the near to medium outlook for these stocks continues to be positive.

So here the performance of some of the PSU stocks from the last 1-year's period has been focused on given bullish sentiment around them.

Now before we get into the stocks from the space, the list can be segregated as Central Public Sector Enterprises (CPSUs, CPSEs) and State Level Public Enterprises (SLPEs). And within the PSUs there are Maharatnas, Navratnas and Miniratnas.

1. NALCO:

The stock in a 1-year period has run up by 236 percent and this is primarily on account of the commodity cycle run. Amid such a momentum, Aluminum prices have also surged to a record high and another fact is that production has been cut in China that is the largest producer as well as consumer of the metal.

In today's trade the share of NALCO is down in trade after the company has inaugurated NALCO's Lean Slurry Project at Angul.

National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines. It was established on 7th January, 1981, with its registered at Bhubaneswar. The Company is a group 'A' CPSE, having integrated and diversified operations in mining, metal and power.

2. SAIL:

This steel or metal stock is another multibagger with gains to the tune of 219 percent in the last one year. Primarily the run up in commodity prices is the main trigger for the stock's run up. The stock has also got a lift from the government's impetus to boost the country's infra and will further be gaining group as the centre lines up various policies and initiatives that will go in line with the company's endeavors.

Another thing not to forget is the company is on a deleveraging spree that shall be beneficial in the long run.

3. Hindustan Copper:

The stock from again the metal pack has been gaining ground and in the last 1-year has reaped 274 percent return.

The company is a Government-owned corporation in the Central Public Sector Enterprise under the Ministry of Mines, Government of India and is the only vertically integrated producer of copper in the country. As there are supply side issues in respect of the metal and there are soaring price, also there is seen a cut back in production in China, these are some of the likely tailwinds for the company going ahead.

4. IRCTC:

The monopoly business catering to the Indian Railways has spiked a huge quantum in 2 years time since its listing but has been under pressure for the last 2 days. The stock last trades at a price of Rs. 4132, i.e. a significant decline from the stock's highest price of Rs. 6396.3 apiece.

 

5. Indian Bank:

Chennai headquarterd bank is on the run and last with gains of as much as 198 percent in the last 1-year traded at a price of Rs. 188.75 apiece.Indian Bank is an Indian nationalised financial services and banking company. The bank is entered into a merger deal with Allahabad Bank,

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