Top PSU Stocks List to Buy in India 2024 for Long Term

9. Power Finance Corporation Ltd

A major financier in India's power sector, offers diverse funding like term loans and lease financing, boosting generation to distribution projects and upgrades.


Established in 1986, is a key public financial institution financing Indian Railways. With RBI registration as an NBFC, it's pivotal in rail sector funding.

7. Bharat Electronics Ltd

A top Navratna PSU, excels in strategic electronics for defense, expanding into civilian and global markets. Vital for India's security tech.

6. Hindustan Aeronautics Ltd

Leading in aviation design, manufacturing, and services, includes aircraft and helicopters. With 20 divisions and 11 R&D centers, it's pivotal in aerospace.

5. Coal India

Coal India shines with Rs. 142,081.29 Cr revenue, 27% growth, 27% pre-tax margin, and 49% ROE, marking it as a top-performing PSU in India's energy sector.

4. Indian Oil Corporation

IOC stands as a cornerstone in India's energy sector, with vast market influence and government support. Known for stable dividends, it's a top PSU choice for 2024.


India's largest energy conglomerate, boasts 62,110 MW capacity across thermal, renewable, and coal mining sectors. A leader in power and exploration.

2. Power Grid Corporation of India

A key Navratna PSU, dominates India's power transmission, handling about 50% of national output. Integral in generation to distribution chain.

1. Oil and Natural Gas Corporation

India's premier oil & gas explorer, leads in production, offering vital energy contributions. A top PSU pick with extensive upstream-downstream roles.

Top 10 Penny Stocks in India 2024