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PSU Market Cap Grows Nearly Threefold As Bulls Take Centre Stage — In Charts
The PSU basket's heft has increased as the market capitalisation of 55 companies went past Rs 70 lakh crore in June.
04 Sep 2024, 01:18 PM IST 
The weightage of PSUs in Nifty 50 has increased from 8.02% in September 2019, to 9.53% now. (NDTV Profit image)
Public sector undertakings have seen a phenomenal run in valuations over the last five years as robust earnings, improved corporate governance, and a government push to build infrastructure and manufacturing capabilities lend a fillip to companies' operational performance and order book.Recently, the National Stock Exchange added defence equipment-maker Bharat Electronics Ltd. to the widely-tracked benchmark Nifty 50 index. The revis...
