TOP 10 WEALTH CREATORS (2009-2014)
Biggest Wealth Creator:
TCS has emerged the biggest Wealth Creator for the period 2009-14, retaining the top spot it held even for the period 2008-13. It created INR3.6 trillion wealth and is the highest ever wealth created in any 5-year period in India’s stock market history.
Fastest Wealth Creator:
Eicher Motors has emerged the Fastest Wealth Creator during 2009-14, with Price CAGR of 94%, marginally higher than 93% for Bajaj Finance. HCL Technologies enjoys the unique distinction of being in the top 10 of both the Biggest and the Fastest Wealth Creators.
Most Consistent Wealth Creator:
Kotak Mahindra Bank is the Most Consistent Wealth Creator over 2004-14. Highest 10-year Price CAGR, marginally ahead of Asian Paints and Sun Pharma.
100x – The power of growth in Wealth Creation
100x stocks are few. Finding them requires "vision to see, courage to buy, and the patience to hold." Value Migration offers the most predictable 100x opportunities. The 100x process is captured in SQGLP – Size, Quality, Growth, Longevity and Price. "In evaluating a common stock, the management is 90%, industry is 9%, and all other factors 1%." (Phil Fisher) Quality does not guarantee growth, and in turn, rapid long-term Wealth Creation.