All PSUs' Market Cap Dwarfed By Reliance Industries

It is not hidden from anyone that the country is stuck in a severe financial crisis. To get out of this, the central government is taking various measures. One of them is the decision to sell the stake of government companies to private companies. Till now, there are 26 government companies which are being prepared for sale or disinvestment.
But the share of the public sector undertakings (PSUs) in India’s stock market capitalisation fell to a decade low of 4.6% due to unabated disinvestments and insipid stock returns.
According to an estimate, only 4.6% of India’s total market cap of stock markets is held by government companies.
According to an estimate, only 4.6% of India’s total market cap of stock markets is held by government companies.
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