Jefferies bets on PSU stocks
Jefferies' top PSU picks are SBI, Coal India and NTPC, while BSE PSU Index PE at 12.1 times is a 40% discount to Nifty 50
Jefferies' top PSU picks are SBI, Coal India and NTPC, while BSE PSU Index PE at 12.1 times is a 40% discount to Nifty 50
Cheaper valuations, high dividend yields and government’s privatisation drive make them ideal re-rating candidates.