PSU stocks are showing renewed momentum, with defence and power sectors emerging as key investment themes. Market expert Dharmesh Kant highlights robust order books in defence, particularly for Hindustan Aeronautics (HAL), which could deliver 32-33% operating margins and 15-20% revenue growth. Power sector projects are also promising, with potential PAT growth of 30-33% by FY27. While IT sector faces structural challenges with declining Nifty 50 earnings contribution, defence remains an attractive long-term play. Investors should focus on strategic sectors with strong government backing and clear execution potential. The current market rally suggests opportunities in select public sector stocks, particularly those with predictable revenue streams and positive policy environment. Strategic investment approach remains crucial in navigating current market dynamics.
Post from MarketNews_en
Log in to interact with content.