5 Best Government Stocks in 2024

Published : 19 February 2024

ONGC’s share is currently trading at around Rs.274.65 with an ROCE of 12.24% and ROE of 12.62%. Its OPM is around 9.33%.

Oil and Natural Gas Corporation Ltd.

The company’s share is trading at around Rs. 480.10. Coal India’s ROCE and ROE are 27.15% and 49.20% respectively. While the OPM was 27.98%.

Coal India Ltd.

This company has been trading at around Rs.474.70 with an ROCE of 12.45% and ROE of 19.41%. The company has reported the OPM at 95.32%.

REC (Rural Electrification Corporation) Ltd.

Indian Railway Finance Corporation’s shares are trading at around Rs. 155.55 at present with ROCE and ROE of 9.08% and 13.93% while the OPM is noted at 99.54%.


Its share price is around Rs.275.65. IOL’s ROCE, ROE, and OPM are 12.81%, 18.57%, and 59.60%, respectively.

Power Grid Corporation of India Ltd.

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