Sunday , November 24 2024

M-cap of 12 PSU companies increased by Rs 12 lakh crore in 42 days


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Since the results of the Lok Sabha elections were announced on June 4, till now, i.e. in a period of about one and a half months, the market capitalization of twelve government companies has increased by a total of Rs 12 crore. There has been a jump of more than 12 lakh crores.

So far in the current calendar year 2024, the total market capitalization of these twelve companies has increased by Rs. More than 22 lakh crores. Experts are of the opinion that if the government decides to take advantage of such a huge increase in the prices of these companies and adopts the option of raising funds by selling some shares of these companies, then the share prices of these companies may come under pressure. Experts also believe that due to the increase in the shares of government-owned companies, the government will deliberately adopt the option of selling some shares of these companies. When the stock market is at its peak at this time, it is in the interest of the government to take such a step. It is worth noting that after the announcement of the results of the Lok Sabha elections on June 4, the share prices of these companies have registered a huge jump in anticipation that these government-owned companies will benefit from the encouraging policies of the new government. Government.