Indian Public Sector Undertakings (PSUs) Indian state-run stocks are positioned for continued outperformance as investors position themselves ahead of the upcoming Union Budget. The market anticipates a renewed government signal regarding **stake sales** to meet fundraising targets and support broader economic objectives. Fundamentally, these companies remain attractive due to favourable valuations. Most public sector units currently trade at a **significant discount** to their underlying asset values, offering a margin of safety relative to broader market multiples. The primary catalyst remains the potential for a decisive policy push. A structured roadmap for disinvestment is expected to unlock shareholder value, further boosting the momentum for state-owned enterprises.