These PSU stocks are cheaper in the fall, returns up to 59% in 1 year | Share Market Tips

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Many good shares are available at discounted shares in the stock market these days. In the past 2 months, the valuation of these shares has improved between the declines. There are also some good PSU stocks, which have been cheaper by 28 per cent. Having good fundamentals, experts and brokerage houses are bullish on these stocks. He believes that the government's stand is positive about public sector companies. The government is working for revival in them. In such a period, there is a better return in Engineers India, GAIL, BPCL, PFC and NBCC. 

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Jagdish Thakkar, director of Fortune Fiscal Ltd, says that the companies associated with Power, Energy, Infra are better off. The government is making efforts to improve the operational performance of PSU companies. Measures are being taken to strengthen the order book of companies. The benefit of the Make in India program will be further to them. Closing the companies is a focus on companies performing well. Expenditure on government companies is also being increased. 

Advice on which stocks

GAIL

GAIL is India's largest Natural Gas Processing and Distribution Company. The company is in Natural Gas, Liquid Hydrocarbon, Liquefied Petroleum Gas Transmission, Petrochemical, City Gas Distribution, Exploration and Production and Electricity Generation Business. The company has also promised to give bonus shares recently. The company's operational performance is better and focus is on expanding the capacities. The pipeline is being expanded. Enhanced prices of LPG and petcheme prices are also positive. Brokerage house ICICI Direct has set a target of Rs 383 in the stock. For the current price of 328 rupees, the share can get 17 per cent return. 

Engineers india

Engineers India Leading Engineering Consultancy and EPC Company, which works in the Water Management and Fertilizer Sector besides the Infra sector. The company's order book and balance sheet are strong. The current order book of the company is Rs 8881 crores, while in June 2017, it was Rs 7,698 crores. In the next two financial years, there is hope for order book and health. The company has reduced its debt. The company's outlook is better. Brokerage house Kotak Securities has given a target of 204 rupees for the stock. The present price of the stock is Rs. 158. That is, the share can get 29% returns. 

 PFC

Power Finance Company Limited is India's Leading Non-Banking Financial Corporation The company The company is constantly making profits Asset quality is better The administrative cast is also low The company's rating is better and gives a dividend on regular basis. Though the results of the third quarter have not been good, but management expects more growth Brokerage house Axis Direct has set a target of Rs 135 for the stock. For the current price of 85 rupees, the stock can get 59 percent returns. 

 BPCL

Oil and Gas Company Bharat Petroleum Corporation Limited (BPCL) is involved in Maharatna companies. The company operates 2 big refineries in Mumbai and Kochi. The company's plan is to start a new petrochemical unit at Mumbai with a cost of $ 300 million. Increase in crude prices is expected to be limited to marketing margins, but the company will have the advantage of increasing refinery capacity. Brechridge House is aiming for a share of Rs 525 for Dot Capital Capital. For the current price of 427 rupees, the share can get 23% returns. 

NBCC

Navratna Construction Company coming under the NBCC (India) Ministry of Urban Development Orderbook is extremely strong due to the company's business model being unique. In the last four years, the order book has gone up 4x to Rs 80000 crores. Management is expected to have strong growth in revenues for the next 5 years. The company's focus is on the redevelopment project. For example, redevelopment of large colonies in Delhi. Brokerage house Kotak Securities has set a target of Rs 229 for the stock. For the current price of Rs 190, the share can get 21% returns. 

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