During the last one year, the prices of many PSU stocks have seen a stormy rise. According to the report of ACE Equity, the BSE PSU index has seen a rise of 90 percent in the last 12 months. During this period, the best PSU stock has given a return of 235 percent. However, the last one month has not been good for these PSU stocks. During this period, their prices have seen a sharp decline.
RVNL share prices fall
The share prices of Rail Vikas Nigam have seen a rise of 235 percent in the last one year. However, during the last one month, the speed of this railway stock has slowed down. During this period, the share prices of the company have seen a rise of 1 percent. The market cap of this company is Rs 1.27 lakh crore. On August 30, the share price of Rail Vikas Nigam was at the level of Rs 608.50. On December 29, the share price of the company was at the level of Rs 181.50. The June quarter has not been good for Rail Vikas Nigam. During this period, the PAT of the company was Rs 222.56 crore. Let us tell you, in the March quarter, the profit of RVNL was Rs 335.45 crore. That is, on a quarter-on-quarter basis, the profit of the company has decreased by 49 percent.
The company giving ₹150 dividend is giving 10 shares free on every share, record date is near
Oil India share prices rise sharply
Oil India is a major company in the crude oil sector. In 2024, the company’s share prices have seen a rise of 198 percent. At the same time, during the last one month, the company’s share prices have seen a rise of 21 percent. In December 2023, the price of Oil India shares was Rs 248.23. Since then, the price of Oil India shares has reached the level of Rs 740.35. Let us tell you, the company’s profit was Rs 1973.77 crore during the June quarter. The company’s profit has decreased by 4 percent on an annual basis.
Defense stocks also dominated a lot
The prices of this defense stock Cochin Shipyard have seen a rise of 179 percent. But during the last one month, the prices of the company’s shares have seen a decline of 27 percent. The market cap of Cochin Shipyard has been Rs 49,720 crore. During the June quarter, the company’s profit was Rs 174.24 crore. In the March quarter, the company’s profit was Rs 258.88 crore. On a quarter-on-quarter basis, the company’s profit has decreased by 33 percent.
This company is distributing bonus shares
The share prices of NBCC (India) have seen a rise of 128 percent this year. The company is now going to distribute bonus shares. The bonus shares were announced by the company on Saturday. The company is giving one share free on 2 shares. Let us tell you, the profit of this company has decreased by 24 percent on quarter-on-quarter basis.
