Other major shareholders are Deutsche Bank Trust Company Americas, HDFC Bank, IndusInd Bank and the cherry on the top is two ace investors’ Ashish Dhavan and Mukul Agarwal holds around 2.34 and 1.63 per cent, respectively.

Owning a state or central PSU stock was once considered an embarrassing choice for investors, but times have changed. In 2023, more and more investors are keen on having a slice of PSU stocks.  

Starting from a low of Rs 70.05 on March 29, 2023, the stock closed at Rs 137.05 on Wednesday, with only buyers in the market. This achievement has brought the stock to levels not seen since 2019.  

Stock has been on an upward trajectory, gaining almost 34 percent in the last one year. In the last one week, the stock has surged by 2.59 percent, indicating a strong bullish sentiment among investors.

Going forward, the 16800 mark is expected to act as strong support for the index, and traders are advised to keep a close watch on this level. In addition, market participants should also keep an eye on the stock of

This small but mighty stock has a market cap of just Rs 399 crore, but it's been making some serious waves in the market lately. In the past year alone, the stock has delivered incredible returns of over 600 per cent, and over the last three years, it's soared a mind-boggling 2900 per cent!

Back in March 2018, the stock was quoted at a modest Rs 313.25 per share, but today it is trading at a staggering Rs 1331.90 per share. If you had invested Rs 1,00,000 in 2018, you would have received 319 shares. Fast forward to today, and the value of those shares would be a whopping Rs 4,24,908! That's an incredible return on investment that any investor would be thrilled about.

During high volatility periods, dividend-paying stocks can be a wise investment choice. While stock prices may fluctuate wildly during these times, dividend payments can provide a stable source of income.

In fact, if we look at the stock's performance over the last three years, it's clear that it has rewarded its shareholders with multibagger returns. The stock has risen nearly 747 per cent during this time, which is an impressive feat.

But that's not all! The company recently announced that, along with its joint venture (JV) partners, it has received a letter of award for the Rihand Micro Irrigation Project from the Department of Water Resources, Madhya Pradesh.