DSIJ 150 Wealth-Creators

Investors in equity markets are always looking to invest in the ‘Top Wealth Creators’. Shohini Nath and Yogesh Supekar find out the top wealth creators in the previous years and share some interesting insights on the market trends and wealth creators. Also, the DSIJ Research Team shares a list of “The Super 50 & Elite 100 companies” based on their historical performance (growth) and fundamentals.

Equity markets in 2018 have been extremely tough on investors. Investors were frustrated not only because the broader markets did not perform, but also because among the large-caps, only a handful of stocks delivered satisfactory results. There was hardly any place to seek refuge in the markets in 2018 and that has dampened the spirits of investors a little bit.

So far, the market story has been akin to that of CY2018. The large-caps are faring better than the mid-caps and small-caps, even though the latest trading sessions in the market are showing signs of narrowing the performance gap between the large-caps and mid/small-caps.

Indeed, it is only a small number of stocks that are pushing the markets higher in 2019 so far. Will the narrative change in 2019? What are the chances of the broader markets starting to contribute and cheering the investors? To find answer to these questions, it would be useful to look at the market data for the last 10 years.

If we look at the above table, we find that on an average, at least 1471 shares have given positive returns every year. The average number of stocks that have delivered 15 per cent and more in one year is 1205, while the average number of stocks that delivered 25 per cent and more returns in one year is 1049. As many as 744 stocks have on an average generated returns in excess of 50 per cent, while the number of stocks that have delivered more than 100 per cent returns on an average in one calendar year is 392.