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IRFC PSU DIVESTMENT
Analysts cautious on IRFC OFS, see limited upsideThe government is selling a stake in Indian Railway Finance Corporation. Analysts suggest caution for investors. The offer for sale aims to...
Chakri Lokapriya sees value in cyclical and PSU stocks despite market volatilityMarket strategist Chakri Lokapriya identifies selective opportunities in cyclical sectors, railways, defence, and PSU banks, citing strong ...
Govt appoints merchant bankers, legal firms for managing stake sales in LIC, PSBs, other fin institutionsThe government has appointed merchant bankers and legal advisors for minority stake sales in LIC and other public sector financial institut...
PSU stocks are the current darlings of Dalal Street but why are mutual fund managers wary?Most fund managers have been left on the sidelines amid their long-standing reticence around this segment. Barring a few exceptions, PSU en...
PSUs lose Rs 2.41 lakh crore in a single dayThe losses incurred on Tuesday represent almost one-fourth of the gains posted since December 3.
Sunil Subramaniam is betting on consumption and banking this year. Here' whySunil Subramaniam believes that the banking sector may see a downgrade in terms of portfolio allocation due to the provisions announced by ...
When PSUs start to flex their musclesInvestors in India's public sector have been rewarded for their investment, with companies like NTPC, Coal India, LIC, IRFC, REC, and IOC b...
Momentum Pick: Up 261% in 1 year! Multibagger IRFC can rally another 57%. Here’s whyIRFC has outperformed not just Nifty50 which has given 13% returns, but has also left behind many of its peers by a huge margin, namely Irc...
PSU rail stocks zoom up to 70% in a month. Should you board this bullet train?As discussions around Budget 2023 have already started, the market is also speculating around announcements of new rail projects and divest...
After IRCTC IPO, government may divest stake in two more railway firmThe price band of the public issue is fixed at Rs 315 to Rs 320 per equity share.
Govt to divest 25% in RailTel, invites bids from merchant bankers to manage IPOAs on March 31, 2018, RailTel Net worth stood at Rs 1,249 crore.
Govt targets Rs 300 crore from RailTel IPO by SepThe Cabinet in December last year approved initial public offering (IPO) of RailTel Corporation India by diluting up to 25 per cent governm...
IRCON gets Sebi nod for IPO, issue likely in SeptemberThe share sale is expected to fetch about Rs 500 crore to the exchequer.
IRFC, IRCON may hit capital market by September, to raise Rs 1,500 croreThe government is divesting 10 per cent stake or over 99 lakh shares through the IRCON IPO.
Railways to play a significant role in developing India: Suresh PrabhuRailways is an integral part of the Government of India. So, finance ministry and the railways ministry talk to each other very regularly a...
Buoyancy in stocks could help govt swell its divestments kitty this yearPSU stocks have been a major beneficiary of the rally, as they have generated higher returns from their December lows compared with the ben...
Budget 2017: Arun Jaitley's low-key Budget misses demonetisation noteCash transactions of more than Rs 3 lakh have been banned. But how will this be implemented? The rural economy is still mostly cash based.