Stocks of India’s state-owned companies continue their upward trajectory in 2023, marking the third consecutive year of gains. The BSE PSU index, reflecting the performance of public sector enterprises, has surged by an impressive 46.43% so far this year, surpassing the benchmark BSE Sensex index, which recorded a 14.93% return.
Among the 55 constituents of the BSE PSU index, an overwhelming 53 have achieved double-digit returns in the current year, with power-related companies leading the pack.
