6 PSU stocks trading at discount of up to 46% to keep in your radar

Benchmark indices slipped into the red during Thursday’s morning session, with the Sensex shedding 306 points (or 0.4 percent), trading at 80,224.86. Similarly, the Nifty 50 corrected by 97.6 points (0.4 percent) to hover at around 24,475.7.

On a weekly basis, both indices have been under pressure, with the Nifty 50 down by approximately 1.2 percent over the last five sessions, mirroring the Sensex’s decline of 1.2 percent

Here are a few PSU stocks that are currently trading at a discount of up to 46 percent from their 52-week highs to add to your watchlist:

With a market cap of Rs. 8,154 crores, the stock tumbled nearly 2 percent to Rs. 147.55 on Thursday. The stock hit its 52-week high at Rs. 207.8 on 27th August 2024, and compared to the current trading price of Rs. 148, the stock is trading at a discount of nearly 29 percent.

On the financial front, the company’s revenue from operations declined marginally by around 4 percent YoY to Rs. 3,730 crores, along with a decrease in the net profit by nearly 24 percent YoY to Rs. 72 crores in Q4 FY25.

Rashtriya Chemicals & Fertilizers Limited is a leading fertiliser and chemical manufacturing company with about 75 percent of its equity held by the Government of India.

With a market cap of Rs. 1.65 lakh crores, the stock moved down by nearly 1 percent to Rs. 126.2 on Thursday. The stock hit its 52-week high at Rs. 189.45 on 13th August 2024, and compared to the current trading price of Rs. 126.35, the stock is trading at a discount of nearly 33 percent.

On the financial front, the company’s revenue from operations grew marginally by around 2 percent YoY to Rs. 6,915 crores, while the net profit increased by nearly 11 percent YoY to Rs. 1,746 crores in Q1 FY26.

Indian Railway Finance Corporation Ltd. or IRFC was incorporated by the Government of India, Ministry of Railways, as a financing arm of Indian Railways, for the purpose of raising the necessary resources for meeting the developmental needs of Indian Railways.

The company’s principal business is to borrow funds from the financial markets to finance the acquisition/creation of assets, which are then leased out to the Indian Railways as a finance lease.

With a market cap of Rs. 69,879 crores, the stock tumbled nearly 2 percent to Rs. 425.05 on Thursday. The stock hit its 52-week high at Rs. 767.3 on 30th August 2024, and compared to the current trading price of Rs. 429.6, the stock is trading at a discount of nearly 44 percent.

On the financial front, the company’s revenue from operations declined by around 4 percent YoY to Rs. 8,808 crores, and the net profit also decreased by nearly 36 percent YoY to Rs. 1,497 crores in Q4 FY25.

Oil India Limited is engaged in the business of exploration, development, and production of crude oil, natural gas, LPG, and condensate, and providing services such as pipeline transportation and generation of renewable energy.

With a market cap of Rs. 21,715 crores, the stock slumped nearly 2 percent to Rs. 123 on Thursday. The stock hit its 52-week high at Rs. 220 on 23rd August 2024, and compared to the current trading price of Rs. 124, the stock is trading at a discount of nearly 44 percent.

On the financial front, the company’s revenue from operations declined by around 25 percent YoY to Rs. 17,356 crores in Q1 FY26. The company swung to a net loss of Rs. 271 crore during the quarter, compared to a net profit of Rs. 73 crore in Q1 FY25.

Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation Limited, which holds 71.63 percent equity shares, is engaged in the business of refining crude oil.

With a market cap of Rs. 30,801 crores, the stock surged nearly 8 percent to Rs. 323 on Thursday. The stock hit its 52-week high at Rs. 592.85 on 7th January 2025, and compared to the current trading price of Rs. 320, the stock is trading at a discount of nearly 46 percent.

On the financial front, the company’s revenue from operations grew by around 74 percent YoY to Rs. 1,045.7 crores, while the net loss improved by nearly 98 percent YoY to a loss of Rs. 4.4 crores in Q4 FY25.

ITI Limited is primarily engaged in the business of manufacturing, sale & servicing of telecommunication equipment and building communication network infrastructures using Internet Protocol (IP)/Multi Protocol Label Switching (MPLS) technology, Optical Fibre Cable (OFC), Microwave Radio, and Satellite communication channels. Further, the company is engaged in turnkey contracts/solutions and provides customised support.

Written by Shivani Singh

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