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Dear Client,
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Since 1 January 2019, Nifty Public Sector Enterprise (PSE) index has corrected 24% as compared to 4% of Nifty 50. This implies that stocks in the PSU space have corrected sharply and are available at very cheap valuations. As of date, price/earnings (PE) ratio of Nifty PSE index stands at a very attractive 10x as compared to 26x of Nifty 50. PSU space is offering good stock opportunities & in this video we have discussed certain stocks wherein positions can be initiated:
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equityresearch@prudentcorporate.com
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