ICICI Bank, Adani EnterprisesVarun drinks, Capri Global and Grindwell Norton were identified as consistent wealth creators during the period 2018-2023, in accordance with the Motilal Oswal Wealth Creation Study. Trust IndustriesTCS, ICICI Bank, Infosys and Bharti Airtel were also recognized as notable wealth creators during this period.
Reliance Industries secured its fifth consecutive spot as the largest wealth creator from 2018 to 2023, marking its tenth overall first place position in the last 17 five-year study periods.

Top 10 Wealth Creators of 2018-23

A prominent artist was Lloyds Metals, which emerged as the fastest wealth creator with a 79% compound return on its shares during this period. An investment of 1 million rupees in the top 10 fastest wealth creators in 2018 would have skyrocketed to 10 million rupees in 2023, boasting a return CAGR of 59%, far surpassing the EEB Sensexare 12%.

Top 10 Fastest Wealth Creators 2018-23

Top 10 Fastest Wealth Creators 2018-23

Capri Global, a relatively low profile company, has emerged as the most consistent wealth creator between 2018 and 2023. It has consistently outperformed the BSE Sensex in all 5 years and holds the highest price CAGR of 50%.

Top 10 Consistent Wealth Creators 2018-23

Top 10 Consistent Wealth Creators 2018-23

The Consistent Wealth Creators criteria evaluates stocks based on their outperformance in each of the last 5 years, says the Motilal Oswal report.
Adani Enterprises retains the title of Best Global Wealth Builder for the second time in a row. The report identifies Versatile Wealth Builders by summarizing rankings in three categories: Biggest, Fastest and Consistent. In cases of ties, the stock price CAGR determines the overall ranking.

Top 10 Wealth Creators 2018-23

Top 10 Wealth Creators 2018-23

Although the top 100 wealth creators in India Inc have generated a total wealth of 70.5 lakh crore during the period 2018-2023, this number is lower than the previous five-year period from 2017 to 2022.
The study also revealed that stocks with a price-to-earnings (PE) ratio between 25-30 times delivered significantly higher returns compared to those with a PE ratio of less than 10 in the years 2018-2023. Similarly, stocks with a price-to-book (P/B) ratio between 5 and 6 times exhibited the highest returns.



Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here