Reliance Industries Leads Wealth Creation
Mukesh Ambani's Reliance Industries has secured the top spot as the biggest wealth creator from 2019 to 2024, according to a recent study by Motilal Oswal Financial Services. This marks the company's eleventh time achieving this feat across seventeen five-year assessment periods.
Reliance Industries has maintained its position as the biggest wealth creator consecutively for the sixth time, highlighting its consistent performance and market leadership.
Adani Green: Fastest Wealth Creator
Gautam Adani's Adani Green has emerged as the fastest wealth creator over the same period, showcasing rapid growth and market potential. Adani Enterprises and Adani Power also feature in the top 10 fastest wealth creators, with Adani Enterprises additionally recognized as the Best All-round Wealth Creator.
Top 10 Wealth Creators (2019-24)
The study lists the top 100 companies based on absolute wealth created, provided their stock performance surpasses the benchmark Nifty 50 Total Return Index. The top 10 contributors now account for 37% of total wealth created, indicating a broader distribution of wealth generation across the market.
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