29th Motilal Oswal Annual Wealth Creation Study by Raamdeo Agrawal

Publication: Motilal Oswal Financial Services

Date: 10 December 2024

Top 100 wealth creating companies were analyzed for this study. The study period is 2019 to 2024; During this period –

  • For the sixth time in succession, Reliance Industries has emerged the largest Wealth Creator.
  • Adani Green has emerged as the Fastest Wealth Creator with its stock price growing at CAGR (compounded average growth rate) of 118% during the period under study.
  • Linde India has emerged as the Most Consistent Wealth Creator. It has outperformed the NiftyTotal Return Index in all the last 5 years, and has the highest price CAGR of 68%.
  • Adani Enterprises was the top all-round wealth creator.
  • Financials sector was the largest wealth creating sector.
  • Wealth creation performance of PSUs (public sector undertakings) significantly improved; 20 PSUs accounted for a healthy 17% of wealth created.
  • Blue chips are stocks of large companies with a reputation for quality, reliability, and the ability to operate profitably in both good and bad times.
  • However, occasionally, even blue chips get “bruised” i.e. their stock price sees a meaningful fall.
  • Bruised blue chips bought at close to lows can offer handsome returns.
  • Blue chips which are lower by 30% or more from their 5-year highs include the following:

Adani Total Gas

Adani Green

Adani Enterprises

Asian Paints

Avenue Supermarts

Berger Paints

Gujarat Gas

IOCL

IRCTC

SBI Cards

Tata Elxsi

To view the entire report synopsis, click here.

To view the presentation on the wealth creation report by Mr Raamdeo Agrawal, Chairman & Co-Founder of Motilal Oswal Financial Services Ltd., click here.

Disclaimer: The key points of the wealth creation report presented here are not a substitute to reading the full wealth creation report. To get the report’s holistic message requires reading the entire wealth creation report.