Over half, or 269 NSE 500 stocks, have given over 10-fold (10x) returns in the last two decades, finds a recent report by Goldman Sachs that analysed 10 major markets across emerging and developed markets (EM/DM) that covered 6,700 stocks. The report examined '10-baggers' - stocks that have generated at least 10x total returns within a rolling 5-year period over the past two decades. Some of the prominent ones that comprise these 269 stocks in the Indian context stocks that delivered over 10x total returns over a 5-year rolling period since 2000 as per Goldman Sachs includes Westlife Foodworld, Bharti Airtel, Adani Total Gas, Patanjali Foods, Larsen & Toubro, BEML, Blue Star, Shree Cement, Lupin, Godrej Industries, Astral, Adani Enterprises, Hindustan Petroleum and Deepak Fertilisers.
The most consistent wealth creators since 2008 are all consumer-facing companies, says Devangshu Datta.
Cement shares have been outperformers on the stock market
The world is celebrating Raj Kapoor's birth centenary, but when was the last time you watched an RK film?
Adani Enterprises became the fourth listed company of Gautam Adani Group to cross Rs 4 trillion market capitalisation (market cap), as the stock hit a new high on the BSE in Tuesday's intra-day trade. At 01:24 pm; with Rs 4.04 trillion market cap, Adani Enterprises stood at number 15th position in overall market cap ranking on the BSE, data shows. Adani Transmission is at top of the group companies list, with market cap of Rs 4.48 trillion, followed by Adani Total Gas (Rs 3.96 trillion), and Adani Green Energy (Rs 3.72 trillion).
The Indian indices also offer one of the lowest dividend yields.
The ISL organisers released the fixtures of only the first half of the 11-team league. The schedule covers matches to be played till January 11, 2011. The remaining fixtures will be released later.
The National Stock Exchange (NSE) Nifty Next 50 Index could undergo large-scale changes if the proposed tweaks to its computation methodology get implemented. In a discussion paper floated recently, NSE Indices, which owns and manages a portfolio of over 350 indices under the Nifty brand, proposed that only stocks that are traded in the futures and options (F&O) segment can be part of the index. Currently, as many as 11 non-F&O stocks are part of the Nifty Next 50 Index, which, as the name suggests, represents the next rung of large and liquid securities after the Nifty50.
According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
Top companies have grabbed a bigger pie of their sectors in the pandemic period, leading to a further rise in market concentration in many industries as measured by the Herfindahl-Hirschman Index (HHI). The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions. A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry's revenue is more evenly divided among many companies
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Mukesh Ambani continues to remain the richest man in India.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
Former Liverpool striker Robbie Fowler has left his job as manager of East Bengal by mutual consent, the Indian Super League (ISL) club said on Wednesday, with Real Madrid Castilla coach Manuel Diaz set to be his replacement.
Tesla Inc chief Elon Musk is set to acquire micro-blogging site Twitter for about $44 billion. Back home, India Inc, too, is seeing aggressive merger and acquisition (M&A) activity with PVR-Inox and HDFC-HDFC Bank announcing their mergers recently. While Axis Bank recently acquired Citi India's India retail business, reports suggest Larsen & Toubro Infotech (LTI) and Mindtree could be eyeing a merger.
Reliance Industries accounted for Rs 6.3 trillion in wealth created since 1995; closest rival was Hindustan Unilever which was at Rs 4.9 trillion.
With RIL supplying about 47 per cent of the domestic petcoke production, current dynamics are bound to change.
There are more of them now and the total value of such companies--out of reach for small retail players--may surprise you. Shares topping the five-figure price mark were rare ten years ago. A look at March-end figures across the listed universe in 2011 shows only one such share. There were two by 2013.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Companies with contrasting financial ratios enjoy similar credit ratings; agencies say they look at many other metrics.
From MRF to Shree Cement: 23 companies which delivered 30% CAGR in 15 years.
Essel Group, Reliance Jio, Fortis and 17 others on Thursday signed initial pacts to invest over Rs 39,000 crore (Rs 390 billion) in Uttar Pradesh, with Chief Minister Akhilesh Yadav promising the investors all possible support.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The combined networth of India's 100 wealthiest is $381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from $ 345 billion in 2015
Falling incomes and longer winter to translate into lower demand for at least some months.
Dividend payouts seem recession-proof.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
The Ambanis are the only Indian family on the top 10 richest families list in Asia.
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
As many as 14 Indian families have made it to the inaugural list of Forbes' 50 richest families in Asia.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Developed markets have performed better than emerging market firms in the top 10 TSR-based rankings, says a BCG report.
Richest 10 account for 41% of promoter wealth, up from 33% in December 2018, says Krishna Kant.
As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.
4 MNCs among top 10 companies with dividend-earning promoters in FY15.
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
Sun Pharma stock has appreciated at 35% a year for 20 years