Public Sector Undertaking

Do PSU, defence stocks look attractive amid correction? Ashish Gupta breaks it down

by
Do PSU, defence stocks look attractive amid correction? Ashish Gupta breaks it down

Despite recent market corrections, Ashish Gupta, Chief Investment Officer (CIO) at Axis Mutual Fund, believes that both the defence and public sector undertaking (PSU) sectors still present compelling investment opportunities. Speaking with ET Now, Gupta provided insights into the valuation concerns in defence stocks and the evolving outlook for PSUs, particularly in the utilities space. … Read more

View: It’s high time for the government to quit the PSU business

by
View: It’s high time for the government to quit the PSU business

India’s strategic objectives do not require public ownership of production of goods and services. They may still require government support, but from the outside. Synopsis Even early in the pandemic, it was private enterprise that rose to the occasion and mass-produced personal protection equipment (PPE) kits, masks and other medical equipment, which were either in … Read more