Budget 2021: Expect PSU stocks to become multi-baggers if there is a big divestment thrust, says Ajay Srivastava

In an interview to CNBC-TV18, Ajay Srivastava, CEO at Dimensions Corporate Finance Services shared his expectations on Finance Minister Nirmala Sitharaman’s Union Budget 2021.

According to Srivastava, if there is a divestment thrust in this Budget, it will be a big trigger. He expects PSU stocks to become multi-baggers if there is a divestment thrust.

He also said that there has to be privatisation of strategic control for value creation.