Modi stocks showed amazing growth, market cap of these companies increased by 3.61 times

CPSE Stocks Turns Multibagger: In the Indian Stock Market, the Central Public Sector Enterprises Index (CPSE Indices) has performed so well in the last three years that this index has even left behind the benchmark index Sensex-Nifty in terms of returns. . In the last three years, the market capitalization of companies listed in the stock market has increased by 3.61 times and it has increased from Rs 12.10 lakh crore to Rs 43.65 lakh crore.

Strong improvement in CPSE performance

The Ministry of Finance has made a post on the social media platform Central Public Sector Enterprises have created strong value for their investors due to strong surge in capital expenditure and trust-based asset creation for investors.

Market cap increased 3.61 times in 3 years

According to this post, while Sensex has given a return of 38.68 percent in three years, BSE CPSE has given a return of 157.22 percent in this period. Nifty has given a return of 40.72 percent in three years while SSE CPSE has given a return of 185.79 percent. CPSE Indices have performed better than the benchmark indices in the stock market during the last three years from 7 October 2021 to 7 October 2024. During this period, the market cap of listed government companies has increased by 3.61 times from Rs 12.10 lakh crore to Rs 43.65 lakh crore in the last three years from 31 November 2021 to 11 October 2024.

By ensuring holistic value creation in Central Public Sector Enterprises #CPSEs, @SecyDIPAM ensures performance enhancement, #CAPEX growth, and trust-based asset creation for investors. #FinMinYearReview2024 ⁰#DIPAMInitiatives#ViksitBharat pic.twitter.com/SCJEBDyK5I

— Ministry of Finance (@FinMinIndia) December 16, 2024

CPSE gave dividend of Rs 63,749 crore

Shares of Central Public Sector Enterprises listed in the stock market have not only given strong returns to the shareholders, but the dividends of these companies have also filled the pockets of the government and investors. In 2021-22, government companies had given dividend of Rs 39,750 crore, which has increased to Rs 63,749 crore in 2023-24.

With the implementation of a consistent dividend policy, #CPSEs have significantly increased their dividend payouts and as a result, exceeded Revised Estimates in recent years. #FinMinYearReview2024 ⁰#DIPAMInitiatives#ViksitBharat pic.twitter.com/1lCgjOwsBG

— Ministry of Finance (@FinMinIndia) December 16, 2024

PM Modi advised to invest in PSU stocks

There are many such stocks in the stock market which have given huge earnings to their investors ranging from multibagger returns. But during this period, shares of government companies have proved to be the biggest multibaggers of the market. Prime Minister replying to the discussion on trust vote in Lok Sabha in August 2023 Narendra Modi Had advised investors to invest in government companies and after that, there has been a strong surge in stocks ranging from railways to banking, defense and power stocks.

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