Jefferies anticipates robust growth for Indian PSUs, predicting up to a 70% upside in selected counters – Market News

Jefferies anticipates robust growth for Indian PSUs, predicting up to a 70% upside in selected counters – Market News

Global investment banking firm Jefferies sheds light on the remarkable turnaround of Indian Public Sector Undertakings (PSUs) over the past 12 months, marking a significant departure from a decade of underperformance prior to 2020. The PSU Index has surged, outperforming the Nifty by an impressive 70% in the last year, driven by notable earnings per …

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