The Government of India holds 90 per cent stakes in these 10 stocks. Do you own any of them?

With the majority stake held by the government, these companies are comparatively less volatile and stable in market actions.

The Government of India has a significant stake in Indian equities. Typically, companies with higher promoter stock holdings are thought to be safer to invest in than those with lesser stakes. With the majority stake held by the government, these companies are comparatively less volatile and stable in market actions. Additionally, investors usually look upon a company with a high promoter stake. The President of the country holds equity stakes in more than 80 PSU companies as a promoter's shareholder. As compared to Q2FY22 and Q2FY23, the Indian government did not reduce any stakes in the below-mentioned companies.   

Here are the top 10 companies in which the Indian government holds at least a 90 per cent stake:  

* Government Stake as of September 2022 

 Investors should keep a close eye on these stocks for the upcoming sessions.