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Tatas top wealth creators among India's business houses

IndiaTimes Tuesday, 12 December 2023
Indian conglomerates, including the House of Tatas, Adani Group, Bharti Group, Murugappa Group, and Aditya Birla, have seen their stock rise and added significant value to investor wealth. Tata Investment Corporation generated a return of 227% in the same period. Adani Group's companies posted positive returns, with Adani Power being the largest wealth generator. Bharti Group and Murugappa Group also emerged as major wealth creators. CG Power, under the Murugappa Group, generated the fastest wealth, making it debt-free and rewarding shareholders with dividends. Indian equities remain a favorable destination for capital.
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