Top #30+ List of Government Companies in Stock Market 2025

Introduction

Investing in government companies listed on the stock market in India has always been a topic of interest for many investors, including me. Something is reassuring about putting money into the Public Sector

Undertakings (PSUs)—they have government backing, offer steady dividends, and often play a crucial role in India’s economic growth. But are PSU stocks still a good investment in 2025?

If you know where to look! Some of the most well-known companies in India belong to the government, and many of these are listed on the stock exchanges, such as the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

In this article, We’ll explore the list of government companies in the stock market in India in 2025, covering their performance, best investment choices, and sector-wise analysis.

Whether you’re a long-term investor or someone looking for stable dividend-paying stocks, this guide will help you navigate the world of PSU stocks effectively.

So let’s start with Us!

What are Government-Owned Companies?

Government-owned companies, or Public Sector Enterprises (PSEs), are entities where the government holds more than 50% of the equity. These companies operate in various key sectors such as banking, energy, defense, and infrastructure, contributing significantly to the country’s economy.

Types of PSUs:

• Maharatna Companies – Large PSUs with high net worth and extensive global operations.
• Navratna Companies – Mid-sized PSUs with financial autonomy for strategic decision-making.
• Miniratna Companies – Smaller PSUs with operational independence in select areas.

Why Are PSU Stocks Important?

• They provide stability due to government ownership.
• Many offer high dividend payouts, making them attractive for passive income.
• They contribute significantly to India’s GDP and infrastructure development.

How Government Companies Get Listed in the Stock Market

Government companies typically get listed on the stock market through a process called Initial Public Offering (IPO), where the government sells a portion of its equity to public investors.

This is part of the government’s disinvestment policy, aimed at reducing its stake in certain companies to generate revenue and improve the overall governance of these companies.

Read More:

Stock Market Guide For Beginners

Role of Government Companies in the Economy

Government-owned entities are significant contributors to economic stability. These companies ensure essential services like energy, transportation, banking, and heavy industries. They also contribute to employment and help in executing the government’s policy framework.

The Importance of Government Companies in the Stock Market

• Government companies play a crucial role in the economy by contributing to national development. Many of these companies are monopolies or hold significant market shares in their respective industries. Their presence on the stock market allows investors to invest in stable and often profitable sectors.

Top Government Companies Listed in the Indian Stock Market (2025)

Here’s a list of some of the best-performing PSU stocks in India’s stock market in 2025:

These companies are spread across different sectors, ensuring a diversified investment approach when picking PSU stocks.

Best PSU Stocks to Invest in 2025

1. High-Growth PSU Stocks

• Hindustan Aeronautics Ltd. (HAL) – Benefiting from government defense contracts.
• BEL – Expansion in high-tech defense systems.
• NTPC – Transitioning to renewable energy investments.

2. High Dividend-Paying PSU Stocks

• Coal India – One of the highest dividend yields in the market.
• Power Grid Corporation – Steady business model, consistent payouts.
• ONGC & IOC – Attractive dividends with government support.

3. Future Growth PSU Stocks

• GAIL India – Growth in natural gas consumption.
• BPCL – Potential privatization impact.
• SBI & PNB – Benefiting from rising credit demand.

Sector-Wise Breakdown of PSU Stocks

1. Banking & Financial Services

• State Bank of India (SBI) – Market leader, expanding digital banking.
• Punjab National Bank (PNB) – Recovering from past NPAs, showing stable growth.
• Bank of Baroda – Strong fundamentals and international presence.

2. Oil & Gas

• ONGC, IOC, BPCL, HPCL – Government support and long-term growth prospects.
• GAIL – Rising demand for clean energy.

3. Power & Energy

• NTPC, Power Grid, NHPC – Strong renewable energy focus.

4. Infrastructure & Engineering

• BHEL, NBCC, IRCON – Large-scale government projects driving growth.

5. Defense & Aerospace

• HAL, BEL, BDL – Rising defense budgets and self-reliance initiatives.

List of Government Companies in the Stock Market

There are primarily three categories of government companies in the stock market:

Central Public Sector Enterprises (CPSEs): Controlled by the central government.

State-Owned Enterprises: Managed by state governments.

Other Public Sector Undertakings (PSUs): Other government-owned enterprises operate in key sectors.

Central Public Sector Enterprises (CPSEs)

CPSEs are companies where the central government owns a majority stake. These companies usually operate in sectors deemed crucial for national security and economic development, such as oil, gas, and power.

Major CPSEs Listed on the Stock Market Several CPSEs are highly valuable and well-regarded in the stock market. Some notable examples include:

Oil and Natural Gas Corporation (ONGC): One of the largest oil and gas exploration companies.

National Thermal Power Corporation (NTPC): A major player in power generation.

State-Owned Enterprises

State governments own and operate these enterprises, primarily catering to regional needs and industries. Most of the companies are involved in specific sectors like manufacturing, energy & infrastructure.

Leading State-Owned Companies in the Stock Market
Examples of state-owned enterprises listed on the stock market include:

• Steel Authority of India Limited (SAIL): India’s largest steel-producing company.
• Bharat Petroleum Corporation Limited (BPCL): A leader in fuel refining and distribution.

Government-Owned Banks in the Stock Market

India has several prominent government-owned banks listed on the stock market, which serve millions of customers.

These include:

• State Bank of India (SBI): One of the largest public sector banks.
• Punjab National Bank (PNB): Another leading nationalized bank.

Top Government Companies Listed on the Stock Market

Indian Oil Corporation (IOC)

One of the largest oil companies in India that plays a crucial role in the Indian economy & share market. They are involved in the refining & distribution of petroleum products in India.

Coal India Limited (CIL)

Coal India is the largest coal-producing company globally and plays a vital role in India’s energy sector. Its stocks are considered a staple for conservative investors.

Bharat Petroleum Corporation Limited (BPCL)

BPCL is another major player in the oil and gas sector and is known for its regular dividend payouts, making it attractive for long-term investors.

Steel Authority of India (SAIL)

SAIL is one of the largest steel-making companies in India and an essential part of the country’s industrial infrastructure.

Oil and Natural Gas Corporation (ONGC)

ONGC is one of the leading companies in the production, refining & exploration of natural gas. Its strategic importance makes it one of the most prominent government companies listed on the stock market.

Banking Sector Government Companies

State Bank of India (SBI)

SBI is India’s largest public sector bank, and its performance significantly impacts the entire banking sector.

Punjab National Bank (PNB)

PNB is another major public sector bank and is a key player in India’s banking system.

Bank of Baroda (BOB)

Bank of Baroda is a global bank with a strong presence in India and abroad, offering robust investment potential.

Power Sector Government Companies

NTPC Limited

NTPC is India’s largest power generation company and has a solid track record of delivering consistent returns to its shareholders.

Power Grid Corporation of India Limited

Power Grid operates India’s power transmission system, making it a vital player in the country’s power infrastructure.

Defense Sector Government Companies

Bharat Electronics Limited (BEL)

BEL is a defense electronics company, providing technology solutions to the Indian Armed Forces.

Hindustan Aeronautics Limited (HAL)

HAL is a major player in aerospace and defense, manufacturing aircraft and helicopters for the Indian military.

Transport Sector Government Companies

Container Corporation of India (CONCOR)

CONCOR is one of the leading corporations involved in logistics & cargo services.

Shipping Corporation of India (SCI)

SCI plays a key role in India’s maritime industry, handling a significant portion of the country’s sea transport.

Recent Performance of Government Companies on the Stock Market

In recent years, government companies have seen varied performance on the stock market. While some have struggled due to sector-specific challenges, others have continued to offer steady returns.

For example, companies in the oil and gas sector like ONGC and IOC have faced headwinds due to fluctuating global oil prices. On the other hand, power sector companies like NTPC have remained relatively stable.

Should You Invest in Government Companies?

Investing in government companies in the stock market can be a safe and steady option, especially if you’re looking for dividend income and long-term growth.

However, it’s essential to know the risks, including political factors and market fluctuations. If you’re a conservative investor, these stocks can fit your portfolio well.

Benefits of investing in government companies

• Relatively safer investment
• Regular dividends
• Government ownership provides a sense of security

Challenges Faced by Government Companies

• Despite their strengths, government companies face several challenges:
• Regulatory pressures
• Inefficiencies in management, and Market competition with private players

Top 10 government companies in India 2025

• #1 Reliance Industries
• #2 TATA Consultancy Services (TCS)
• #3 HDFC Bank Banking

• #4 Bharti Airtel Telecommunications
• #5 ICICI Bank Banking
• #6 Infosys Information Technology
• #7 State Bank of India (SBI)

• #8 LIC India
• #9 Hindustan Unilever (HUL)
• #10 ITC Consumer Goods

Let’s take a look at the top market-cap companies in India: Source – Forbes India

List of government companies (PSUs) in India

Here’s an extended list of government companies (PSUs) in India, covering various sectors:

Energy Sector

• 1. Oil and Natural Gas Corporation Ltd. (ONGC) – Oil & Gas Exploration
• 2. Indian Oil Corporation Ltd. (IOC) – Oil Refining & Marketing
• 3. Bharat Petroleum Corporation Ltd. (BPCL) – Oil Refining & Marketing

• 4. Hindustan Petroleum Corporation Ltd. (HPCL) – Oil Refining & Marketing
• 5. Natural Gas Transmission & Marketing Ltd.
• 6. National Thermal Power Corporation Ltd. (NTPC) – Power Generation
• 7. Power Grid Corporation of India Ltd. – Power Transmission

• 8. NHPC Ltd. – Hydropower Generation
• 9. SJVN Ltd. – Hydro and Thermal Power Generation
• 10. Neyveli Lignite Corporation Ltd. (NLC) – Lignite Mining and Power Generation

Steel and Mining

• 1. Steel Authority of India Ltd. (SAIL) – Steel Manufacturing
• 2. National Aluminium Company Ltd. (NALCO) – Aluminium Production & Mining
• 3. Coal India Ltd. – Coal Mining
• 4. Manganese Ore India Ltd. (MOIL) – Manganese Mining
• 5. Copper Mining and Production Ltd.

Engineering and Construction

• 1. Bharat Heavy Electricals Ltd. (BHEL)– Engineering & Power Equipment
• 2. NBCC (India) Ltd. – Construction & Real Estate
• 3. Ircon International Ltd. – Railway Construction & Infrastructure

• 4. Engineers India Ltd. (EIL) – Engineering Consultancy & Construction
• 5. Rites Ltd. – Engineering Consultancy for Railways
• 6. Bridge and Roof Co. (India) Ltd. – Infrastructure Construction

Defense and Aerospace

• 1. Hindustan Aeronautics Ltd. (HAL) – Aerospace & Defense
• 2. Bharat Electronics Ltd. (BEL) – Defense Electronics
• 3. Mazagon Dock Shipbuilders Ltd. – Shipbuilding for Defense

• 4. Garden Reach Shipbuilders & Engineers Ltd. (GRSE) – Shipbuilding
• 5. BEML Ltd. – Defense Equipment & Engineering
• 6. Goa Shipyard Ltd. – Shipbuilding & Defense

Financial Services

• 1. Life Insurance Corporation – Life Insurance
• 2. Rural Electrification Corporation Ltd. (REC) – Infrastructure Financing
• 3. Power Finance Corporation Ltd. (PFC) – Power Sector Financing
• 4. General Insurance Corporation of India (GIC) – Reinsurance

• 5. New India Assurance Company Ltd. – General Insurance
• 6. National Housing Bank (NHB) – Housing Finance

Transport and Logistics

• 1. Container Corporation of India Ltd. (CONCOR) – Container Logistics
• 2. Shipping Corporation of India Ltd. (SCI) – Shipping & Marine Transport
• 3. Air India Ltd. – Aviation (now privatized)

• 4. Cochin Shipyard Ltd. – Shipbuilding & Repairs
• 5. Airports Authority of India (AAI) – Aviation Infrastructure

Chemicals and Fertilizers

• 1. Rashtriya Chemicals & Fertilizers Ltd. (RCF) – Fertilizers & Chemicals
• 2. National Fertilizers Ltd. (NFL) – Fertilizers Manufacturing
• 3. Fertilizers and Chemicals Travancore Ltd. (FACT) – Fertilizers & Chemicals

• 4. Hindustan Organic Chemicals Ltd. (HOCL) – Chemical Manufacturing
• 5. Brahmaputra Valley Fertilizer Corporation Ltd. (BVFCL) – Fertilizers

Telecommunications

• 1. Bharat Sanchar Nigam Ltd. (BSNL) – Telecommunications Services
• 2. Mahanagar Telephone Nigam Ltd. (MTNL) – Telecommunications Services
• 3. ITI Ltd. – Telecom Equipment Manufacturing

Metals and Mining

• 1. Hindustan Copper Ltd. – Copper Mining & Production
• 2. Manganese Ore India Ltd. (MOIL) – Manganese Mining

Railways and Transport Infrastructure

• 1. Rail Vikas Nigam Ltd. (RVNL) – Railways Infrastructure Development
• 2. Dedicated Freight Corridor Corporation of India Ltd. (DFCCIL) – Rail Freight Corridors

These government companies span crucial sectors of the Indian economy, including energy, defense, infrastructure, telecommunications, and more.

List of Government Companies in Stock Market NSE

Here’s a list of top government companies (Public Sector Undertakings or PSUs) traded on the National Stock Exchange (NSE):

• ONGC
• Bharat Heavy Electricals Ltd. (BHEL)
• National Thermal Power Corporation Ltd. (NTPC)
• Steel Authority of India Ltd. (SAIL)
• Coal India Ltd.

• Indian Oil Corporation Ltd. (IOC)
• GAIL (India) Ltd.
• Power Grid Corporation of India Ltd.
• Bharat Petroleum Corporation Ltd. (BPCL)
• Hindustan Petroleum Corporation Ltd. (HPCL)

• National Aluminium Company Ltd. (NALCO)
• Rural Electrification Corporation Ltd. (REC)
• Container Corporation of India Ltd. (CONCOR)
• Mazagon Dock Shipbuilders Ltd.
• NBCC (India) Ltd.

These are some of the most significant government-owned companies in India, listed on the NSE, across a variety of sectors.

List of Government Companies in Stock Market BSE

Here’s a list of top government companies (Public Sector Undertakings or PSUs) traded on the Bombay Stock Exchange (BSE):

• ONGC
• Bharat Heavy Electricals Ltd. (BHEL)
• National Thermal Power Corporation Ltd. (NTPC)
• Steel Authority of India Ltd. (SAIL
• Coal India Ltd.

• Indian Oil Corporation Ltd. (IOC)
• GAIL (India) Ltd.
• Power Grid Corporation of India Ltd.
• Bharat Petroleum Corporation Ltd. (BPCL)
• Hindustan Petroleum Corporation Ltd. (HPCL)

• National Aluminium Company Ltd. (NALCO)
• Rural Electrification Corporation Ltd. (REC)
• Container Corporation of India Ltd. (CONCOR)
• Mazagon Dock Shipbuilders Ltd.
• NBCC (India) Ltd.

These are some of the top-performing government companies listed on BSE, representing various sectors like energy, infrastructure, and engineering.

List of Government Companies in BSE & NSE

This table includes prominent government companies across various sectors that are listed on both NSE and BSE.

Read More:

• BSE Vs NSE

Pros and Cons of Investing in PSU Stocks

Pros:

✅ Government backing ensures stability.

✅ High dividend yields provide passive income.

✅ Strategic importance in India’s economic growth.

✅ Some PSU stocks are undervalued, offering great buying opportunities.

Cons:

❌ Slower growth compared to private companies.

❌ Political interference may impact business decisions.

❌ Regulatory changes can affect stock performance.

How to Invest in PSU Stocks in India?

• Open a Demat & Trading Account with a registered stockbroker.
• Research and analyze PSU stocks using financial statements and news.
• Diversify across different PSU sectors to reduce risk.
• Monitor government policies related to PSU reforms.
• Consider PSU ETFs for passive investing.

Which are the best government shares to buy?

Here are some top Indian government shares & stocks to buy:

• ONGC
• Bharat Heavy Electricals Ltd. (BHEL)
• National Thermal Power Corporation Ltd. (NTPC)
• Steel Authority of India Ltd. (SAIL)
• Coal India Ltd.

• Indian Oil Corporation Ltd. (IOC)
• GAIL (India) Ltd.
• Power Grid Corporation of India Ltd.
• Bharat Petroleum Corporation Ltd. (BPCL)
• Hindustan Petroleum Corporation Ltd. (HPCL)

• National Aluminium Company Ltd. (NALCO)
• Rural Electrification Corporation Ltd. (REC)
• Container Corporation of India Ltd. (CONCOR)
• Mazagon Dock Shipbuilders Ltd.
• NBCC (India) Ltd.

Which government PSUs are listed in NSE?

• ONGC (Oil and Natural Gas Corporation)
• Coal India
• Indian Oil Corporation

• NTPC (National Thermal Power Corporation)
• Bharat Petroleum Corporation Ltd. (BPCL)
• Power Grid Corporation of India These are just a few; there are many more.

In which stock does the government invest?

The government typically invests in stocks of Public Sector Undertakings (PSUs). These are companies owned by the government.

It also invests in companies through mutual funds like CPSE ETF (Central Public Sector Enterprises Exchange Traded Fund), which focuses on PSUs.

What investments are backed by the government?

Investments backed by the government include:

• Fixed Deposits (FDs) in Public Sector Banks: These banks are owned by the government, so your money is safer.
• Public Provident Fund (PPF): A long-term savings scheme that’s backed by the government.
• National Savings Certificates (NSC): Safe investment option with guaranteed returns.
• Sovereign Gold Bonds (SGB): A government-backed scheme for investing in gold.

These options are considered secure because they are supported by the government.

Read More:

• Types of Investors in the Stock Market
• Types of Brokers in the Stock Market

Frequently Asked Questions

Are government companies a safe investment?

Yes, government companies tend to be safer due to government backing, but they may offer slower growth compared to private companies.

Which is the largest government company in India?

Indian Oil Corporation (IOC) is one of the largest government-owned companies in India by revenue.

What are the best government companies to invest in?

Companies like ONGC, SBI, and NTPC are often considered top choices for their stability and strong market presence.

How does disinvestment affect government company stock prices?

Disinvestment can lead to changes in stock prices based on market perceptions of improved efficiency or reduced government support.

Final Conclusion

In Conclusion, Government companies in the stock market offer a unique blend of stability and long-term returns. However, investors should carefully evaluate both the benefits and risks associated with these stocks before making any decisions.

Public Sector Undertakings (PSUs) remain a solid choice for investors looking for stability and dividends. From banking giants like SBI to energy leaders like ONGC and NTPC, PSU stocks offer diverse opportunities across multiple industries. I personally keep an eye on high-growth PSUs like HAL and BEL, as they show promising future trends.

If you’re looking for long-term value investing or stable income through high dividends, PSU stocks should be on your radar in 2025. But remember—diversification is key! Don’t just stick to one sector; explore different industries to maximize returns.

I hope you like this article about the various lists of Government companies in the stock market. So, are you ready to invest in PSU stocks this year? Let me know which PSU stocks you’re considering in the comments below! 🚀

Related Articles to Read

• • How to Invest in SIP
  • Digital Product Ideas
  • Stock Market For Beginners
  • Basic Terms in Stock Market
  • How to Create Digital Products
  • Types of Brokers in the Market
  • Types of Investors in the Market
  • Difference between NSE vs BSE
  • Drop Shipping Business in India
  • Make Money Online Without Investment

About Black Star Studios

• • Our Services
  • SEO Services
  • Website Design
  • Content Writing Services

Subscribe to Newsletter

Subscribe to our Newsletter

Name *

First

Last

Email *

Submit

Share This Article With Your Friends ♠♠♠

Thanks For Reading!