The PSU Rally- Could Another Ketan Parekh Jack Up Prices Now?

PFC is much cheaper than IREDA (I have both). Mr Market has gone bonkers about the PSU stock. Of course they were undervalued, but an apple to apple comparison shows that the market is now assigning too high a value to the PSU stocks.

If one has to choose between a govt management and a Tata managed company, which way should the choice lie? And if on cold calculation too the PSU stock appears overpriced?

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The PSU shares are going thru some harmonal turmoil.
Markets keep teaching us. Momentum chasing needs very good brakes.
To me it seems that what initially started as value hunting, changed to momentum car chase. They seem to have become high-risk game now.

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