Stock under Rs 500: PSU share zooms 18% in one day - Do you own?

Shares of a public sector undertaking (PSU) saw a dramatic 18% increase in a single day, attracting significant investor interest. The surge in stock price was attributed to positive market sentiment and strong quarterly results. Analysts suggest that PSU stocks are becoming increasingly attractive due to their stable performance and government backing. The surge reflects the growing interest in public sector investments, especially in companies with strong fundamentals and a clear growth trajectory.