Cheap valuations, high dividend yields make these 3 PSU stocks attractive

ET Intelligence Group: The recent share buyback by HPCL, the ongoing disinvestment of BPCL, and higher interim dividend by REC indicate one thing -- the public sector undertakings (PSUs) would be generous in returning profits to the government in the current fiscal year given the widening fiscal deficit amid stimulus packages to revive the economy.In a recent communication, DIPAM (Department of investment and public asset management) has