Hitesh portfolio

@hitesh2710 Hitesh sir, what is your view on PSU banks particularly PNB, BOB, Canara bank etc. for the next 1-2 years. Fundamentally it looks like Credit growth is back and NPA numbers are improving QOQ.

I feel that the low base effect (ROE, ROA etc.) will help them in an upcycle and stocks will get rerated. P/B for most of the PSU banks barring SBI is below 1 while good private banks have valuation around 3.5 P/B. In the short term, the laggards should do well?

Thank you in advance.