Motilal Oswal issued its ‘20th Annual Wealth Creation Study’ report based on the theme ‘ Mid to Mega – the power of industry leadership in wealth creation’ where PI Industries was listed 4th as the Fastest Wealth Creators and 93rd as Biggest Wealth Creators for the last five years.
In this report the brokerage house has ranked the top 100 companies in descending order of absolute wealth created, subject to the companys stock price at least outperforming the benchmark index( BSE Sensex in this case ).These top 100 Wealth Creators are also ranked according to speed ( i.e. price CAGR during the period under study ). For the listed companies , the brokerage house has defined Wealth created as the difference in market capitalization over a period of last five years , after adjusting for equity dilution.