PSU stocks shine in FY26: 11 gain over 25%, one turns multibagger

3 hours ago 3

Sep 14, 2025, 12:10:03 PM IST

PSU Rally

The majority of PSU stocks are trading positive so far in FY26, signaling renewed investor confidence. The BSE PSU Index has posted an impressive 6.1% gain, slightly outpacing the benchmark Sensex, which rose 5.8% during the same period.
Out of 62 listed PSU stocks on the BSE, 47 have delivered positive returns so far this fiscal. Notably, 31 of these winners have clocked in double-digit gains, signaling strong investor interest in the government-backed sector. Topping the charts are 11 PSU stocks that have surged over 25%, with one turning multibagger, and another close to doubling investors' money. These standout performers reflect renewed market confidence in the PSU space, often seen as a barometer of the broader economy.

However, it hasn't been a smooth ride for all. On the flip side, five PSU stocks have seen a sharp decline of over 10%, including names like General Insurance Corporation of India, REC, Central Bank of India, UCO Bank, and Punjab & Sind Bank. Despite these laggards, the overall sentiment around PSUs remains upbeat, buoyed by ongoing government reforms and sectoral tailwinds (Data Source: ACE Equity).

Agencies

Gujarat Mineral Development Corporation

2/11

Gujarat Mineral Development Corporation

Surged 114%, rising from Rs 265 to Rs 569.

ETMarkets.com

KIOCL

Advanced 98%, climbing from Rs 236 to Rs 467.

ETMarkets.com

Garden Reach Shipbuilders & Engineers

4/11

Garden Reach Shipbuilders & Engineers

Jumped 54%, moving from Rs 1,684 to Rs 2,589.

ETMarkets.com

NMDC Steel

Gained 39%, increasing from Rs 33 to Rs 46.

ETMarkets.com

BEML

Jumped 37%, up from Rs 3,220 to Rs 4,426.

ANI

Bharat Electronics

Rose 33%, going from Rs 301 to Rs 399.

IANS

Engineers India

Moved up 30%, from Rs 161 to Rs 209.

ETMarkets.com

NBCC (India)

Grew 30%, rising from Rs 82 to Rs 106.

IANS

Indian Bank

Advanced 29%, increasing from Rs 542 to Rs 698.

ETMarkets.com

Hindustan Copper

Gained 27%, moving from Rs 221 to Rs 280.

Agencies

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