state-owned companies

PSU: PSU companies market capitalisation jumps 45% to Rs 51 lakh crore in 2023

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[ MUMBAI: Investor wealth, as measured by BSE market capitalisation, surged by about Rs 85 lakh crore in 2023, of which Rs 16 lakh crore – or nearly a fifth of the overall gain – came from state-owned companies. The combined market of 65 odd public sector undertakings jumped by 45% in 2023 in line … Read more

BSE Sensex from 60,000 to 70,000: How PSU stocks took the lead over Reliance, Adani Group & Tata in wealth creation

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[ State-owned companies have played a significant role in the BSE Sensex reaching the milestone of 70,000 points. The market capitalization of listed government assets almost doubled to around Rs 46.4 lakh crore for the final 10,000 points addition to Sensex. This surge in value has outperformed even leading private companies like Tata Group, Reliance, … Read more