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Eager investors watch key PSU stocks SAIL, IREDA, Power Grid Monday

Time:2010-12-5 17:23:32  Author:Leisure   Source:Encyclopedia  Views:  Comments:0
Summary:Eager investors watch key PSU stocks SAIL, IREDA, Power Grid Monday **Introduction** Market partic



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Eager investors watch key PSU stocks SAIL, IREDA, Power Grid Monday

**Introduction**
Market participants are gearing up for a busy Monday as several public‑sector undertakings line up fresh disclosures. From steel to renewable financing and power transmission, the announcements span infrastructure, energy, defence, pharmaceuticals, hospitality and manufacturing. Traders anticipate that the flow of information could trigger short‑term moves in the shares of SAIL, IREDA and Power Grid Corporation, while also drawing eyes to other PSU names that have filed updates over the weekend.

**Key Developments**
SAIL announced a provisional agreement to supply specialty steel to a defence‑sector project, a move that could lift its order book by roughly 8% over the next two quarters. IREDA filed a draft prospectus for a ₹5,000‑crore green bond aimed at funding solar and wind ventures across rural grids. Power Grid disclosed that its board cleared a ₹12,000‑crore capex plan to strengthen inter‑regional transmission corridors, citing rising demand from industrial corridors. In parallel, a handful of defence PSUs submitted quarterly results showing margin improvement, while a pharmaceutical PSU revealed a new drug‑approval filing with the regulator. Hospitality and manufacturing PSUs
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