(TCS) emerged as the biggest
wealth creator in the past five years.
According to wealth creation
study conducted by financial services company Motilal Oswal, TCS created wealth
worth Rs 3,458 billion for the period 2010-15, followed by ITC (Rs 1,565
billion) and HDFC Bank (Rs 1,540 billion).
Wealth creation is the process by which a company enhances the
market value of the capital entrusted to it by its shareholders, the study
said.
"TCS has emerged as the biggest wealth creator for the
period 2010-15, retaining the top spot it held even in the previous two study
periods (2009-14 and 2008-13)," the study said.
Other companies in the top-10 list are Sun Pharma (4th),
Hindustan Unilever (5th), HCL Tech (6th), HDFC (7th), Tata Motors (8th),
Infosys (9th) and Axis Bank (10th).
Drugmaker Ajanta Pharma emerged as the "fastest"
wealth creator for 2010-15, while Titan Company was "the most
consistent" for generating wealth for its shareholders.
Sector-wise, consumer and retail ranked as India's biggest
wealth creating industry over 2010-2015 followed by financials and technology
sectors.
The study ranked top 100 companies in terms of wealth creation.
It considered wealth created as the difference in market capitalization over a
period of last five years, after adjusting for equity dilution.
Consumer and retail ranked as India's biggest wealth creating
industry over 2010-2015 followed by financials and technology sectors.
No comments:
Post a Comment