5 Best Government Stocks to invest in May 2024

Published : 16 May 2024

Power Grid Corporation of India Ltd

59.60%

₹307.95

CMP

OPM

18.57%

ROE

It is a Maharana company that has given 14% returns in the last month.

12.81%

ROCE

BPCL Ltd

1.27%

₹614.65

CMP

OPM

3.98%

ROE

Bharat Petroleum also known as BPCL is a leading player in the Indian oil and gas industry. With a low PE ratio, it is an attractive opportunity. 

5.31%

ROCE

Coal India Ltd

27.98%

₹463.50

CMP

OPM

49.20%

ROE

It is globally renowned for being the largest coal manufacturer and has given constant performance over the years. 

27.15%

ROCE

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Indian Oil Corporation Ltd

2.57%

₹162.20

CMP

OPM

7.00%

ROE

IOC operates under the Indian Government and is run by the Ministry of Petroleum and Natural Gas. Many brokerages have upgraded their rating. 

9.23%

ROCE

State Bank of India

-18.80%

₹805.00

CMP

OPM

16.80%

ROE

This is the biggest nationalized bank in the country with an attractive EPS of 76.00+.

1.74%

ROCE