Order book more than Rs 1.5 trillion: These PSU stocks are worth watching
Some public sector companies have grabbed headlines with staggering contracts and with the performance on the stock markets. The order book of these companies have swelled to over staggering Rs 1.5 trillion. They are worth a close watch.
Kolkata: It is not for nothing that several PSUs have emerged as darling of the investors in the Indian equity markets. From a fantastic order pipeline to rising earnings and margins, they have attracted the attention and investments of many. Companies such as BEL, HAL and NTPC have order books worth thousands of crores. Along with increasing efficiency it can generate stable revenue and margins for the next few years.
PSU stocks seem to have got a fresh lease of life in the past three years or a bit more. They have become fitter and meaner with much cleaner books of accounts, robust orders and steadily rising earnings. So much so that a few of them have turned out to be star performers in the market. Some even have a fantastic order book of Rs 1.5 trillion. These stocks have become the favourite of many investors and analysts.
Bharat Electronics stock (BEL)
Bharat Electronics is one of the leading aerospace and defense electronics companies in the country. It is engaged in sectors that incorporate technologies such as radar, missile systems and defense communications. In the last financial year (FY25) almost three-fourths of its revenue came from indigenous products. BEL's total order book is a humongous Rs 71,650 crore. The company's revenue and EBITDA margins are robust. Its shares fell 1.37% on Friday to close at Rs 417.20.
Hindustan Aeronautics stock (HAL)
HAL is the key aerospace partner of the Indian Armed Forces. As much as 70% of the company's revenues comes from repair and overhaul services. It also manufactures the much-discussed light combat aircraft Tejas, advanced light helicopter and space mission structures. HAL's order book is at a staggering Rs 1.89 trillion as in March 2025. In one year, it surged more than 100% since it was at Rs 94,127 crore in April 2024. Its shares fell 2.62% to ₹ 4,593 on Friday.
Garden Reach Shipbuilders stock (GRSE)
Kolkata-based Garden Reach Shipbuilders is one of primary ship manufacturers of the country. So far it has delivered 111 warships and 40 vessels are under construction right now. According to reports, it has an order book of about Rs 21,700 crore in the April-June 2025 quarter, of which 86% was from the defense and the rest from non-defense sectors. A potential Rs 25,000 crore order for the Next Generation Corvette project and a Rs 70,000 crore order from the Navy could lift it fortunes further. GRSE shares fell 3.46% to close at Rs 2,820 on Friday.
National Thermal Power Corporation stock (NTPC)
National Thermal Power Corporation stock if the biggest thermal power generator in India. It boasts of 33.7 GW of projects under construction. It is developing renewable power capacity of 13.8 GW. It has big targets in renewable power (green hydrogen, green ammonia and battery energy storage) of 60 GW in the next few years. In March 2025, NTPC announced an investment of Rs 96,000 crore in Chhattisgarh, including Rs 80,000 crore for a 4,200 MW nuclear project, Rs 5,876 crore for a 1,200 MW pumped hydro storage project and Rs 10,000 crore to develop 2 GW of renewable energy. NTPC shares fell 0.061% to end at Rs 326.40 on Friday.
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