Government ownership remains high across several listed companies, with the Centre holding more than 87% stake in each of the top 10 stocks as of June 30, 2026. The companies span sectors including financial services, fertilisers, trading, engineering and tourism, with their market capitalisations varying widely.
Life Insurance Corporation of India
The Government of India held a 96.50% stake in Life Insurance Corporation of India as of June 30, 2026, with the company having a market capitalisation of Rs 5,33,071 crore.
Punjab & Sind Bank
The Government of India held a 93.85% stake in Punjab & Sind Bank as of June 30, 2026, while the bank had a market capitalisation of Rs 17,129 crore.
HMT Ltd.
The government held a 93.68% stake in HMT Ltd. as of June 30, 2026. The company had a market capitalisation of Rs 7,233 crore.
Indian Overseas Bank
The Government of India held a 92.44% stake in Indian Overseas Bank as of June 30, 2026. The bank's market capitalisation stood at Rs 65,126 crore.
UCO Bank
UCO Bank had a government holding of 90.95% as of June 30, 2026, with a market capitalisation of Rs 32,603 crore.
Fertilisers & Chemicals Travancore Ltd.
The Government of India held a 90% stake in Fertilisers & Chemicals Travancore Ltd. as of June 30, 2026. The company's market capitalisation was Rs 52,138 crore.
State Trading Corporation of India Ltd.
The government held a 90% stake in State Trading Corporation of India Ltd. as of June 30, 2026. The company had a market capitalisation of Rs 701 crore.
ITI Ltd.
ITI Ltd. had a government holding of 89.99% as of June 30, 2026, with a market capitalisation of Rs 26,729 crore.
MMTC Ltd.
The Government of India held an 89.93% stake in MMTC Ltd. as of June 30, 2026. The company's market capitalisation stood at Rs 9,291 crore.
India Tourism Development Corporation Ltd.
The government held an 87.03% stake in India Tourism Development Corporation Ltd. as of June 30, 2026. The company had a market capitalisation of Rs 6,412 crore.
