Best PSU Stocks in India 2024

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Public Sector Undertaking (PSU) plays a principal role in India’s economic growth. PSUs are basically those companies where at least 51% of ownership is with the Indian government.  

Oil & Natural Gas Corporation, commonly known as ONGC, was founded in 1993. It is one of the most renowned PSUs in India, primarily engaged in oil exploration and production. 

Oil & Natural Gas Corporation

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It was founded in 1975 and since then has actively engaged in the generation and sale of power to State Power Utilities. 

NTPC

Coal India Ltd, one of the backbones of the Indian economy, was founded in 1975. It is mainly involved in coal mining and is spread across 8 states in India. 

Coal India Ltd.

Power Grid Corporation of India Limited (POWERGRID), is a Maharatna PSU of the Government of India. 

Power Grid Corp Ltd.

Indian Railway Finance Corp (IRFC) was established in 1986. It is a Public Sector Enterprise that looks after the Indian Railways’s finances. 

Indian Railway Finance Corp.

This research serves educational and informational purposes only. It is not to be considered as a portfolio management service, basket recommendation, or investment advisory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

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