PSU Stocks Under Rs 75: 3 Multibagger Stocks That Traded New 52-Week High Value

Three public sector undertaking witnessed a sharp rally in shares and hit new 52-week high in trade today on BSE. These stocks are Central Bank Of India, NHPC Ltd, and Punjab National Bank. All these PSU stocks are priced under Rs 75 and offered multibagger returns to shareholders over the years. Check details pertaining to these stocks below:

1. Central Bank Of India: Last trading price of Central Bank Of India share is Rs 44.73 apiece with intraday gain of 10.66%. The stock's 52-week high price is Rs 45.30 per share and 52-week low price is Rs 18.65 per share, respectively. Its market capitalisation is Rs 38,829.84 crore. Central Bank Of India shares gained 65% in last 3-months, soared 112% in last 1-year, and rallied 173% in last 3-years. Central Bank Of India stock fell 33% in last 5-years. Central Bank Of India shares hit fresh 52-week high today. Central Bank of India is a Public Sector Bank constituted by the Banking Companies (Acquisition & Transfer of undertakings) Act, 1970. 93.08% of its shares are held by Government of India.

2. NHPC Ltd: The stock's last trading price is Rs 55.95 per share with intraday gain of 7.85%. Its 52-week high price is Rs 56.78 per share and 52-week low price is Rs 34.05 per share, respectively. Its market capitalisation is Rs 56,201.97 crore. NHPC shares gained 51% in last 1-year, soared 103% in last 2-years, and rose 170% in last 3-years. NHPC stock today hit its new 52-week high level on BSE.

NHPC Ltd is a Mini-Ratna Category-I Enterprise of the Government of India. The Company is one of the largest organisations in the field of hydro power development in the country.

3. Punjab National Bank: Last trading price of the PSU bank stock is Rs 73.73 apiece with intraday gain of 1.64%. Its 52-week high price is Rs 74.19 per share and 52-week low price is Rs 34.25 per share, respectively. It has a market capitalisation of Rs 81,184.22 crore. PNB shares rallied 84% inlast 1-year, 95% in last 2-years, and offered shareholders multibagger returns of 119% in last 3-years.

Punjab National Bank (PNB), India's first Swadeshi Bank, commenced its operations on April 12, 1895 from Lahore, with an authorized capital of Rs 2 lakh and working capital of Rs 20,000. The Bank was established by the spirit of nationalism and was the first bank purely managed by Indians with Indian Capital. During the long history of the Bank, 9 banks have been merged/ amalgamated with PNB.

Disclaimer

The stocks just highlight rally and are not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stocks mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.