PSU stock rally: Don’t bank on privatisation

Under its New Public Sector Enterprise Policy of February 2021, the government classified certain sectors as strategic for national security, energy security, critical infrastructure, etc. reasons.

These four broad sectors were :

(1)Atomic energy, space and defence;
(2)Banking, insurance and financial services;
(3) Power, petroleum, coal and other minerals;
(4) Transport and communication

Going by this above definition. , there are at least 75 listed stocks displayed in the article along with its performance over the year…

I don’t think there is any other stocks left.
Govt is a majority share holder in all these stocks.

So Govt may not go for any meaningful strategic divestment. yes, OFS, bonus, split , rights may continue. These stocks are cash cow for the Govt even if they sell 5-10 % through OFS every now and then for all the companies in rotation.

But there are various factor summarised for various reasons for the rally in a post link given below.