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Saturday, August 27, 2016

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Indian PSUs Doing Better than Tata, Mahindra, Adani & Mukesh Ambani Groups

Indian PSUs 
Doing Better than 
Many of the 
Large Private Groups

In a recent study by the Business Standard (BS), PSUs (non-financial) have logged in an average ROE (return on equity) of 10.5% for 2015-16 (FY16). That's noteworthy for two reasons. 
One, amongst the top 11 (eleven) business groups in India, this ranks as the fifth (5th) highest. 
Second, this is a better performance than many of the India's large business groups such as AV Birla, Vedanta, Bharti, JSW, Anil Ambani & OP Jindal. 

The groups that have performed better than PSUs are Tata, Mahindra, Adani & Mukesh Ambani. It seems that despite all of the brickbats, PSUs put together are doing a pretty fair job navigating the slowdown that has gripped the economy. 


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