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Adani firms, RIL share honours in Motilal Oswal wealth-creation study

The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022

Photo: Bloomberg
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Photo: Bloomberg

Samie Modak
Adani Enterprises and Adani Transmission have topped the ‘all-round’ ranking in the Motilal Oswal Annual Wealth Creation Study 2022. Both companies have seen their stock price nearly double each year during the five-year period under consideration (2017 and 2022).

The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation (m-cap) of Rs 13 trillion between 2017 and 2022.

The ‘all-round’ rating is a cumulative rank of companies based on parameters such as biggest, fastest and consistent. ‘Fastest’ table was topped by Adani Transmission followed by Patanjali Foods (erstwhile Ruchi Soya) and the

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