Synopsis:
Several PSU stocks are trading 27–38% below their 52-week highs, drawing investor attention as the correction may offer value opportunities. Key names under pressure include Bharat Dynamics, Central Bank of India, IRFC, and two others.
Several PSU stocks have come under pressure in recent months, with many now trading up to 40% below their 52-week highs. This pullback has drawn investor interest, as the correction may offer potential value opportunities in fundamentally strong government-backed companies. These PSU stocks including Bharat Dynamics, Central Bank of India, IRFC, and two others are currently trading at steep discounts of 27–38% below their 52-week highs.
Bharat Dynamics Ltd
Bharat Dynamics Ltd is a government-owned defense company specializing in the manufacturing of missiles, torpedoes, and allied defense equipment. As a key supplier to the Indian Armed Forces, BDL plays a crucial role in India’s missile defence systems under the Ministry of Defence.
With market capitalization of Rs. 56,120 cr, the shares of Bharat Dynamics Ltd are currently trading at Rs. 1,531 per share, from its previous close of Rs. 1,556.70 per share. The stock’s 52-week high stands at Rs 2,096 per share, it is currently trading about 27% below that level.
Central Bank of India
Central Bank of India is one of India’s oldest and largest public sector banks, offering a wide range of banking and financial services including retail, corporate, and MSME lending. The bank has a strong nationwide presence and continues strengthening its balance sheet post-recapitalization.
With market capitalization of Rs. 34,694 cr, the shares of Central Bank of India are currently trading at Rs. 38.33 per share, from its previous close of Rs. 38.64 per share. The stock’s 52-week high stands at Rs 61.89 per share, it is currently trading about 38% below that level.
Indian Railway Finance Corporation Ltd (IRFC)
IRFC is the dedicated borrowing arm of Indian Railways, responsible for funding railway infrastructure, rolling stock, and expansion projects. The company operates on a low-risk leasing model and plays a vital role in supporting long-term growth of India’s rail network.
With market capitalization of Rs. 1,56,103 cr, the shares of Indian Railway Finance Corporation Ltd are currently trading at Rs. 119.45 per share, from its previous close of Rs. 120.10 per share. The stock’s 52-week high stands at Rs 166.85 per share, it is currently trading about 28% below that level.
REC Ltd
REC Ltd is a leading public sector NBFC focused on financing India’s power sector, including generation, transmission, and distribution projects. The company also increasingly supports renewable energy and infrastructure financing, benefiting from strong government-backed demand.
With market capitalization of Rs. 94,611 cr, the shares of REC Ltd are currently trading at Rs. 359.30 per share, from its previous close of Rs. 361.45 per share. The stock’s 52-week high stands at Rs 573 per share, it is currently trading about 37% below that level.
National Fertilizers Ltd
National Fertilizers Ltd is a major public sector fertilizer manufacturer producing urea and other chemical fertilizers. With multiple production plants across India, NFL plays a key role in supporting the agricultural sector through essential crop-nutrition products.
With market capitalization of Rs. 4,322 cr, the shares of National Fertilizers Ltd are currently trading at Rs. 88.10 per share, from its previous close of Rs. 89.28 per share. The stock’s 52-week high stands at Rs 129.70 per share, it is currently trading about 32% below that level.
Written by Manideep Apppana
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
