The Government has begun implementing the plan of selling stake in 7 major public sector companies (PSUs), stocks have given returns in 100% up to 100% in a year.
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REC
REC's best returns in these seven stocks, the Stock has grown 154% throughout the year. REC Infrastructure Finance Company, incorporated in Navratna organizations, is a non-banking financial company. The government is planning to sell 5 per cent stake in the company.
IOC
During the year, IOC's stock has increased 103 percent. The government's share in the company was 57.34 percent. The government plans to sell 3 percent of the share.
PFC
Navratna Company PFC stock has seen an increase of 90% during the last one year. There is a plan to sell 10 percent stake in the government organization. By December 2016, the government's stake in the company is 67.8 percent.
NLC
India's stock has seen an increase of 52% during the year. There is a plan to sell a 15 percent stake in the government's company.
Steel Authority's
Steel Authority's stock has seen an increase of 40.43 per cent in the last one year. There is a plan to sell 10 per cent stake in the government company.
NHPC
NHPC stock has been growing 36 percent in the last one year. There is a plan to sell 10 per cent stake in the government company.
NTPC
NTPC stock has registered an increase of 20% during the year. There is a plan to sell 10 per cent stake in the government company.
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