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Only select PSU stocks are worth buying: 8 stocks you can consider investing in

Only select PSU stocks are worth buying: 8 stocks you can consider investing in
Only select PSU stocks are worth buying: 8 stocks you can consider investing in
PSU counters are expected to do well because of the speculation surrounding what would be next in line for privatisation.

Synopsis

The government’s plan on asset monetisation and the use of special purpose vehicles for asset sale will also help several PSUs, in addition to the plan for privatisation but should this make investors bet on the entire basket? Here's what experts say.

Despite the presence of several fundamentally strong companies, most experts used to avoid public sector undertakings (PSU). Continuous supply, thanks to piecemeal divestments by the government, was the main reason behind it. However, that is set to change with the new strategic divestment initiative. “Instead of using terms like disinvestment or divestment, the FM has used the term privatisation and that is a clear signal,” says Anil Sarin, CIO
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The Economic Times