During the calendar year 2014 to 2019, Reliance Industries posted the highest speeds of Rs. Creating a wealth of 5636 billion assets

Ahmedabad. 18 December 2019, Wednesday

According to the study conducted by 4 companies in the country during the calendar year 1 to 3, the largest and fastest asset creation by Reliance Industries, eBulls Ventures and Indusind Bank showed the highest increase in wealth creation during this period.

During the allotted time, most of the wealth was created by the finance sector. The second is the consumer retail sector and the third is the oil and gas sector.

According to the study conducted by Motilal Oswal on wealth creation, Reliance Industries has posted the highest speed of Rs. Created a billion billion wealth. Rs. HDFC Bank is second with 2 billion and Rs. TCS comes third with 3 billion.

The top ten fastest-growing companies include Hindustan Unilever, HDFC, Kotak Bank, Bajaj Finance, Infosys, Maruti and Axis Bank.

EBulls Venture ranks first in creating the fastest assets. While IndusInd Bank was at the forefront of continuous wealth creation, the role of private banks and non-banking finance companies was largely seen in the growth of wealth creation by the banking sector. While the role of MNCs as well as local companies in the consumer and retail sectors was seen.

According to the survey, PSU was the only government-owned company in the wealth creation of the top hundred companies. And they accounted for 5%. The nine companies include IOC, BPCL, HPCL, PowerGrid, Petronet LNG, Indraprastha Gas, LIC Housing, Bharat Electronics and NBCC.