Oil India- has its time come?

I also own Reliance , Adani , JSW , L&T., Tata …
over last two years , it has gone no where …not to my expectation…and stocks trade expensive.
…almost zero to minuscule dividend

Where as my PSU basket has given me 2x -3x returns apart from handsome dividend yield as passive income during the same period. Am happy with that.
It has played out well and I have got back much more than what I actually invested in PSU’s. And if I see , the renewable basket of PSU’s are increasing day by day and the pvt sector is lagging behind in renewable capex and all Pvt players be it Reliance or Adani are heavily debt ridden.They don’t distribute a single pie to investors in terms of dividend …look at adani stocks.

Today’s PSU’s are different than the PSU’s of past. Modi Govt is doing a lot of things to improve PSU profitability, divestment, atma nirbhar Bharat , heavy capex and so on. These are all zero debt companies.

While , so far so good , i still believe that the PSU will continue to do well considering the mouth watering valuation at which these are trading and handsome dividend yield they are offering. The only condition is policy continuance of Govt…The current Govt is monitoring PSU performance and even planning to hire CEO’s from Pvt sector where er required.

Regarding the Oil Gas reserves of the world that would last … you may please refer link below and there are many forecast 2050-2060.

https://www.sciencedirect.com/topics/engineering/oil-reserve#:~:text=Crude%20oil%20reserves%20are%20expected,oil-based%20fuels%20and%20materials.