Iron & Steel, Housing Finance, and PSU Banks among most undervalued PSU sectors: Value Stocks

Iron & Steel, Housing Finance, and PSU Banks among most undervalued PSU sectors: Value Stocks

A recent study conducted by Value Stocks, a smallcase manager, provides insight into the valuation of Public Sector Undertaking (PSU) stocks. The research firm analyzed 91 PSU stocks listed on the National Stock Exchange (NSE), categorizing them into 26 subgroups. The findings reveal that only five sub-groups are overvalued, five are fairly valued, while a … Read more

Indian tea exporters see headwinds in 2023, seek promotional support from Tea Board

Indian tea exporters see headwinds in 2023, seek promotional support from Tea Board

Indian tea exporters are seeking government support to boost exports in 2023 amid headwinds such as the conflict between Russia and Ukraine and the decline in demand from traditional markets like Europe and the Gulf countries. The exporters of the beverage consequently foresee a 10 per cent or more drop in shipments in the current … Read more