The top 100 wealth creators of India Inc created a record 92.2 trillion wealth during the 5-year 2017-22 period and among these wealth creators Reliance Group is the largest and it has topped the list for the fourth time in succession. These are the highlights of the Motilal Oswal 27th Annual Wealth Creation Study, an analysis of wealth creation by large corporates in the stock exchanges in the country. TCS, Infosys and HDFC Bank are the corporates that remain among the top 5 Wealth Creators.
The study said Adani Transmission is the fastest wealth Creator for the second time in a row and Adani Enterprises is the most consistent wealth creator for he second successive year.
The study defines Consistent Wealth Creators based on the number of years the stock has outperformed in each of the last 5 years and says Consistent Wealth Creation is a challenge - only 13 of the 100 Wealth Creators have outperformed in each of the 5 years.
TECHNOLOGY SECTOR TOPS
This story is from the January 2023 edition of Banking Frontiers.
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This story is from the January 2023 edition of Banking Frontiers.
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