Risk-reward not favourable in PSU stocks at current levels, says Aamar Deo Singh of Angel One

Risk-reward not favourable in PSU stocks at current levels, says Aamar Deo Singh of Angel One

Investor interest seems to be insatiable in PSU stocks, be it defence, shipping or even banking. Many of the PSU defence and shipping stocks have turned out multi-baggers, be it BEL, BHEL, Coal India, HAL, NHPC, NTPC, PFC, REC, Mazagon Dock, to name a few, says Aamar Deo Singh, Head Advisory at Angel One. At … Read more

Better to be a trader in ITC than an investor now: Experts

Better to be a trader in ITC than an investor now: Experts

Mumbai: Investors of ITC should brace themselves for moderate returns here on, as the scorching pace of the rally in the share price in recent months has made the risk-reward unfavourable for now, according to experts. The cigarette-to-consumer goods maker was the best performer on benchmark indices over the last year, logging in gains of … Read more