Government Holds Stakes Worth Over Rs 48.12 Lakh Crore In Indian Equities
The Central Government of India has stakes worth over Rs 48.12 lakh crore in Indian equities, according to Friday's closing stock prices. Over 67% of the government's market value in equities comes from the financial and industrial sectors, where it has the most significant holdings.
Financial Sector
The government's market value in the financial sector exceeds Rs 21.08 lakh crore, with shares held in 20 publicly traded companies. Its largest holdings in the financial sector are Life Insurance Corp. of India, State Bank of India, and Indian Overseas Bank, with respective values of Rs 6,76,433.99 crore, Rs 4,51,769.82 crore, and Rs 1,17,471.77 crore.
The government holds the largest stakes in Punjab & Sind Bank and LIC, with 98.25% and 96.5% respectively.
Industrial Sector
The Central Government of India owns shares in 22 publicly traded companies in the industrial sector, with a market value of over Rs 11.18 lakh crore. Hindustan Aeronautics Ltd. and Indian Railway Finance Corp. have the highest market value of the central government's stake in the industry, at Rs 2,29,981.14 crore and Rs 2,32,241.01 crore, respectively.
The government has the largest shareholding in HMT, at 96.69%.
Energy & Utilities
The market value of the central government's stake in the utilities space stands at Rs 5.43 lakh crore, while in the energy space, it stands at Rs 5.34 lakh crore. The government derives most of its value from its 51.1% shareholding in NTPC, at Rs 1,80,697 crore. The government's stake in Power Grid Corporation of India and Gail (India) is valued at Rs 1,58,622 crore and Rs 74,445.4 crore, respectively.
The government owns 58.89% of Oil and Natural Gas Corporation, with the market value of the stake at Rs 2,36,824 crore.
Analysing Shareholding Pattern
The central government of India has a majority controlling stake in 73 out of the 78 publicly listed companies it owns.
It has the highest shareholding in KIOCL Ltd, formerly Kudremukh Iron Ore Co., Punjab & Sind Bank, and Life Insurance Corp of India at 99.03%, 98.25%, and 96.5%, respectively. The government has the lowest stake in IDFC and IDFC First Bank at 16.34% and 3.5%, respectively.
As of Friday's closing prices, the government valued its stake in 56 out of 78 companies at over Rs 10,000 crore. While the value of 11 companies stands at over Rs 1 lakh crore.
In terms of market value, the government's stake in Life Insurance Corporation of India stands the highest at Rs 6.76 lakh crore, while that in Bharat Immunologicals & Biologicals Corp. stands the least at Rs 70 crore.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
