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DSIJ Announces “India's Best Public Sector Undertaking 2017” Winners

May 22, 2018   12:00 IST 

Dalal Street Investment Journal (, India’s number one investment magazine, announces the winners of the Best Public Sector Undertaking (PSU) Awards 2017. Our flagship issue has been an exclusive platform to recognize the efforts and achievements of PSUs in India for the past several years. It rewards DSIJ with the enriching experience of interacting with the country’s foremost business leaders and visionaries, and bring forth their views to our readers.


Indeed, the PSUs are central to the Indian growth story and the economic stability that India aspires for, which cannot be achieved without the sound performance on the part of various PSUs. DSIJ admire and salute the leaders of the PSUs who have been spearheading the sector with professionalism and commitment and have been at the forefront of it all.


Since the birth of PSU Awards in 2009, Dalal Street Investment Journal has been diligently recognising the efforts, contribution and achievements of the PSUs. This association with the leaders of the most valuable corporations of India, who have been scripting the PSU growth story and shouldering the socioeconomic responsibilities of the government enterprises, fills us with immense pleasure.


DSIJ follows a ranking methodology for PSUs based on comprehensive financial parameters. DSIJ has evaluated data only of Maharatnas, Navratnas and Miniratnas, among CPSEs. Again, these companies are divided into manufacturing and non-manufacturing, depending on their areas of operation.


Following is the list of winners of the DSIJ PSU Awards, 2017:


Maharatna - Non Manufacturing


Maharatna of the Year ( Non-Manufacturing)

Oil & Natural Gas Corporation Limited

Most Efficient & Fastest Growing Maharatna of the year (Non-Manufacturing)

Coal India Limited








Maharatna - Manufacturing


Most Efficient Maharatna  of the Year (Manufacturing)

Indian Oil Corporation Limited

Fastest Growing Maharatna of the year (Manufacturing)

NTPC Limited

Turnaround shoots (Manufacturing)

Steel Authority of India Limited







Navratna - Non Manufacturing


Fastest growing Navratna of the year (Non-Manufacturing)

Power Grid Corporation of India Limited

Most Efficient Navratna of the year (Non-Manufacturing)

NMDC Limited

Highest employee efficiency (Non-Manufacturing)

Rural Electrification Corporation Limited

Highest wealth creator - Market returns (Non-Manufacturing)

Container Corporation Of India Limited

Highest order book (Non-Manufacturing)

NBCC (India) Limited













Navratna - Manufacturing


Navratna & Fastest Growing Navratna of the year (Manufacturing)

Hindustan Petroleum Corporation Limited

Most Efficient Navratna of the year (Manufacturing)

Bharat Electronics Limited







Miniratna - Non Manufacturing


Miniratna of the year (Non-Manufacturing)

Mahanadi Coalfields Limited

Most efficient Miniratna of the year (Non-Manufacturing)

FCI Aravali Gypsum & Minerals India Limited

Fastest growing Miniratna (Non-Manufacturing)

Educational Consultants India Limited









Miniratna - Manufacturing


Miniratna of the year (Manufacturing)

Mangalore Refinery & Petrochemical Limited

Most efficient & Fastest growing Miniratna of the year (Manufacturing)

Numaligarh Refinery Limited

Highest wealth creator - market returns (Manufacturing)

Manganese Ore (India) Limited

Highest dividend yield (Manufacturing)

SJVN Limited

Turnaround in profits (Manufacturing)

Chennai Petroleum Corporation Limited
















Most efficient Bank

State Bank of India

Fastest Growing Bank

Vijaya Bank









Insurer of the year

General Insurance Corporation of India

Highest Market Share in Gross Premium for 5 Years 

The New India Assurance Company Limited









Says Managing Director of DSIJ Pvt. Ltd., Rajesh V Padode, “It’s always a pleasure to get an opportunity to felicitate and bring to light the humongous work The Public Sector Enterprises are doing for the country. We hope these awards further spur these big enterprises to excel further.”


DSIJ’s PSU story in the latest edition will help you understand which sectors contributed to what extent to the overall growth story of India.



Starting off as a 12-page cyclostyled stapled booklet in 1986, Dalal Street Investment Journal (DSIJ), the flagship product of the company, soon began to be looked upon as the gospel of stock market investing. At a time when quality financial and guidance was rare, the company (DSIJ) pioneered many ‘firsts’ to cater to the fast growing investor base of India. Over the years, its primary publication and other products have helped investors create and protect their wealth in the most meaningful manner, guiding both new investors and the experienced ones, not to forget the established traders, to choose the right stocks, avoid pitfalls and reap the benefits of high tides in the vast ocean of equity investments. It is this vast experience, study and toughening during all kinds of scams and markets ups and downs that gives DSIJ an unbiased balanced insight about the several unfolding events without getting swayed by temporary and misleading populous excitement.

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