Sinking PSU Eroded Investors wealth Hello readers, This blog I was planed in Feb 2020 but due to some reasons it was late but I am thinking for any start it is 'NEVER TOO LATE'. ONGC India's most valued PSU's Stock price touch 15 years low recently. The combined market capitalization of 62 PSUs, at around Rs 15.4 trillion, is the lowest in nearly four years and excluding State Bank of India, their market capitalization is the lowest since March 2009 (see chart). The PSUs’ market capitalisation is down 17.6 per cent in the current fiscal year, against a 4.3% rise in the benchmark NSE Nifty50 index during the period. Excluding SBI, PSU Index 28% down in past 3 years becoming biggest wealth destroyer. M-Cap Time 19.2 trillion rupees Mar-17 15.4 trillion rupees 18-Feb-2020 Below is top 5 PSU's by M-cap Top 5 wealth destroyer in last 3 years Highest PE ratio among PSU's
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