RIL stays top wealth creator: MOFSL study
Reliance Industries (RIL) continued to be the largest wealth creator in India for the fifth time in succession, generating Rupees 9.6 trillion during the 2018-23 period.
The top 100 companies created Rupees 70.5 trillion through the five-year period, showed the Wealth Creation Study for 2018-2023 by Motilal Oswal Financial Services (MOFSL).
RIL contributed 13.7% to the total wealth created by the top 100, with its share price showing a 22% CAGR. Over the last 17 five-year study periods, RIL ranked first on 10 occasions.TCS, ICICI Bank, Infosys, and Airtel were others among the top five.
