The combined market of 65 odd public sector undertakings jumped by 45% in 2023 in line with the upsurge in the broader market. The market value of these PSUs, where the President (on behalf of the government) is either the majority owner or owns a substantial stake, increased by Rs 15.8 lakh crore to Rs 50.5 lakh crore, data from Refinitiv showed.
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