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Government's shift towards value maximisation may boost PSU stocks, says Jefferies;NTPC, SBI, Coal India among top picks
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Coal India. After underperforming the Nifty by 10 percentage points previous to 2020, the PSU index has outperformed it by 70 points over the last 12 months.
Improvements in return on equity (RoE) and profits per share (EPS) have contributed to the recent outperformance. Also Read: Jefferies initiates ‘buy’ call on Adani Enterprises with ₹3,800 target price "Exciting news! Mint is now on WhatsApp Channels
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