Public Sector Enterprises (PSEs) have always played an important role in India’s economic growth. These government-owned companies span across sectors such as energy, manufacturing, engineering, and financial services. Over the years, several PSEs have transformed into efficient and profit-making institutions, attracting attention from both institutional and retail investors. As October 2025 unfolds, several leading PSE stocks on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are showing interesting trends.
Here’s a closer look at some of the top-performing and most-watched PSE stocks this month — Bharat Electronics, BHEL, BPCL, Container Corporation of India, GAIL, GIC of India, and HPCL.
BSE Price: ₹412.00 (▼ 0.15%)
NSE Price: ₹411.55 (▼ 0.27%)
Bharat Electronics Limited, one of the leading defence electronics companies in India, continues to hold a strong position in the public sector. Despite a minor decline in prices — down by 0.15% on BSE and 0.27% on NSE — BEL remains a stock to watch. The company’s long-term fundamentals remain strong due to increasing defence expenditure, modernization of equipment, and continuous government support for indigenous manufacturing.
BEL’s robust order book, expanding export footprint, and ongoing projects related to radar, communication, and electronic warfare systems make it a solid player in the defence and technology domain. The short-term dip in prices could be viewed as market correction, while the long-term growth story stays intact.
BSE Price: ₹245.00 (▲ 0.25%)
NSE Price: ₹245.50 (▲ 0.20%)
BHEL has witnessed steady growth momentum recently, with its BSE price rising 0.25% and NSE price increasing 0.20%. Known for its role in India’s power sector, BHEL is gradually shifting focus toward renewable energy equipment and green technology.
In recent quarters, the company has bagged multiple contracts in the thermal, hydro, and solar segments, signaling a recovery after years of sluggish performance. Investors are finding renewed confidence in BHEL as the government pushes for infrastructure growth and sustainable power generation. The modest price rise indicates positive sentiment and the possibility of long-term appreciation if the order flow continues.
BSE Price: ₹343.25 (▲ 0.54%)
NSE Price: ₹343.20 (▲ 0.48%)
BPCL has shown a consistent upward movement in early October, with prices up 0.54% on BSE and 0.48% on NSE. The company remains one of India’s major oil marketing firms, with a strong network of refineries, retail outlets, and overseas operations.
The recent upward trend could be attributed to improving refining margins, stable crude oil prices, and expectations of strong demand during the festive season. Additionally, BPCL’s ongoing investment in green fuel initiatives and alternative energy solutions highlights its readiness for the future. The moderate but steady rise in stock value signals market confidence in its operational performance.
BSE Price: ₹530.60 (▼ 0.52%)
NSE Price: ₹531.05 (▼ 0.46%)
Container Corporation of India has faced a slight decline with BSE down 0.52% and NSE down 0.46%. Despite the dip, the company continues to remain an integral player in the logistics and transportation sector.
As a major operator of inland container depots and terminals, CONCOR benefits from India’s growing logistics demand. The current decline might be linked to short-term profit booking after previous rallies. However, long-term prospects remain bright due to the government’s focus on multimodal transport, port connectivity, and railway modernization. The stock’s performance in the coming weeks may depend on volume growth and policy developments around logistics infrastructure.
BSE Price: ₹177.70 (▲ 0.17%)
NSE Price: ₹177.98 (▲ 0.35%)
GAIL, India’s leading natural gas transmission and marketing company, has maintained steady gains with BSE up 0.17% and NSE up 0.35%. The upward trend is supported by rising domestic gas demand and the government’s continued emphasis on cleaner energy alternatives.
The company’s diversification into petrochemicals, city gas distribution, and LNG trading provides stability amid global energy volatility. GAIL’s expansion of pipeline networks and partnerships in renewable projects further strengthen its future outlook. The moderate gain indicates cautious optimism among investors as energy transition policies evolve.
BSE Price: ₹369.30 (▲ 1.01%)
NSE Price: ₹370.85 (▲ 1.35%)
Among all the listed PSEs, GIC of India shows the most notable upward movement — BSE up by 1.01% and NSE up by 1.35%. The strong performance comes as the insurance sector witnesses growing demand and policy reforms.
GIC, being the country’s sole reinsurance company, plays a crucial role in the insurance ecosystem. Its improving underwriting performance, better claim ratios, and growing international presence have enhanced investor confidence. The sharp rise also suggests that the market expects continued profitability as the domestic insurance market expands.
This consistent growth makes GIC one of the standout performers among public sector companies in early October 2025.
BSE Price: ₹446.20 (▲ 0.04%)
NSE Price: ₹445.85 (▼ 0.10%)
HPCL shows a mixed performance with BSE slightly up by 0.04% while NSE marginally down by 0.10%. The movement suggests consolidation after a steady period of gains earlier in the year.
As one of the leading oil marketing companies in India, HPCL continues to benefit from increasing demand for fuel and lubricants. The company’s recent ventures into electric vehicle charging infrastructure, renewable energy, and retail network expansion reflect its transition into a more diversified energy business. While short-term price action remains flat, HPCL’s long-term fundamentals stay positive due to strong cash flow, government backing, and growth in downstream activities.
The overall performance of PSE stocks in early October 2025 reflects a balanced mix of optimism and caution. Companies like GIC of India, BPCL, and BHEL are showing upward momentum, signaling investor confidence. On the other hand, BEL and CONCOR have witnessed minor declines, possibly due to temporary corrections.
Government policy continues to play a crucial role in shaping the outlook for these enterprises. Initiatives focused on renewable energy, infrastructure development, and privatization are influencing stock valuations. The broader market sentiment around public sector undertakings remains moderately bullish, supported by steady economic growth and increased capital expenditure.
| Name | BSE Price (₹) | Change | NSE Price (₹) | Change |
|---|---|---|---|---|
| Bharat Electronics | 412 | -0.15% | 411.55 | -0.27% |
| BHEL | 245 | 0.0025 | 245.5 | 0.002 |
| BPCL | 343.25 | 0.0054 | 343.2 | 0.0048 |
| Container Corporation | 530.6 | -0.52% | 531.05 | -0.46% |
| GAIL | 177.7 | 0.0017 | 177.98 | 0.0035 |
| GIC of India | 369.3 | 0.0101 | 370.85 | 0.0135 |
| HPCL | 446.2 | 0.0004 | 445.85 | -0.10% |
Public Sector Enterprises are once again drawing attention in India’s stock market, driven by policy reforms, diversification, and renewed operational efficiency. The top PSE stocks — Bharat Electronics, BHEL, BPCL, Container Corporation, GAIL, GIC of India, and HPCL — each represent a unique sectoral strength and growth opportunity.
While short-term movements vary across exchanges, the long-term picture highlights resilience and strategic transformation within these government-backed giants. As India continues its growth trajectory, these companies are expected to remain key pillars of industrial and financial progress through 2025 and beyond.