Performance of PSU, ONGC and NTPC shown an increase in Market Cap. in RS Report
Nov 20th, 2019 2:59 pm | By ThenewsmanofIndia.com | Category: LATEST NEWS(THE NEWSMAN OF INDIA.COM)
As per Public Enterprises Surveys laid in the Parliament in respective years, the aggregate net worth of operating CPSEs has increased during the last 10 years i.e. from 2008-09 to 2017-18 as per details given below:
(Rs.in crore)
Year Net Worth, Year Net Worth
2008-09 583144 2013-14 926663
2009-10 652993 2014-15 962518
2010-11 709498 2015-16 1079953
2011-12 776162 2016-17 1066885
2012-13 850921 2017-18 1108595
According to the Public Enterprise Survey 2009-10 and 2017-18 laid in the Parliament in the respective years, the share of market capitalization of CPSEs was 26.36% and 10.70% of the total market capitalization of the BSE for the said two years respectively. During the period, though the number of CPSEs have increased from 40 to 52, the Market Capitalization of the CPSEs has increased by 87.09%. The details of Market Capitalization of the listed CPSEs as on 31.03.2009 and 31.03.2018 are given below.
(Rs. in crore)
Particulars 31.03.09 31.03.18
Market Capitalization of 813530 1522041
Total Market Cap. 3086075 14224997
Market Cap of CPSEs as % of BSE Market Capitalization 26.36% 10.70%
As per Public Enterprises Survey Report of DPE, the performance of Coal India Limited, ONGC and NTPC in terms of Market Capitalization for the last three years is given below
(Rs.in crore)
Particulars 31.03.2016, 31.03.17, 31.03.18
Coal India ltd 184438 181753 175980
ONGC 183729 237479 228175
NTPC Ltd. 106202 136833 139926
Both ONGC and NTPC have shown an increase in Market Capitalization as on 31.03.2018 when compared to 31.03.2016.
This information was given by the Minister of Heavy Industries & Public Enterprises, Prakash Javadekar, in a written reply in the Rajya Sabha.
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