Dredging Corporation, GAIL, Garden Reach Shipbuilders and Mazagon Dock were among major gainers in Public Sector expect for PSU Banks that were also in high demand today. Indian markets were trading almost flat after witnessing strong buying in the morning session. TopNews team has listed some of the best performing public sector companies in today's trading session.

Dredging Corporation

The stock's price movement shows consolidation with a strong support zone near Rs 919.
The company operates in a niche sector with steady demand, but the absence of a P/E ratio and dividend yield highlights potential valuation concerns.
Its 52-week high indicates substantial growth potential if market conditions align favorably.

GAIL

GAIL demonstrates steady momentum with a low P/E ratio of 11.69, making it attractive for value investors.
Its dividend yield of 2.68% adds appeal for income-focused investors, backed by a robust market cap of Rs 1.35T.
The stock's proximity to its 52-week high suggests bullish momentum driven by natural gas demand and infrastructure expansion.

Garden Reach Shipbuilders

The stock has seen exponential growth, evident from its 52-week high at Rs 2,833.80 compared to its low at Rs 673.45.
A high P/E ratio of 52.76 reflects market optimism but warrants caution due to premium valuation.
The defense sector focus ensures long-term revenue visibility, making it a solid play on government spending.

Mazagon Dock

Mazagon Dock’s stock showcases robust momentum, trading near its 52-week high of Rs 5,860.00.
The company benefits from consistent government orders in shipbuilding, strengthening its revenue pipeline.
A moderate P/E ratio of 38.26 balances its growth prospects, while its dividend yield of 0.72% reflects a stable payout policy.