Country’s top 100 companies in terms of market valuation have generated a record Rs 38.9 lakh crore wealth in the last five years, with Tata Group firm TCS retaining the numero uno position on the chart for the fifth time in a row, says a latest study. According to the leading brokerage firm Motilal Oswal’s 22nd Annual Wealth Creation Study, TCS retained its first rank for creating investor wealth worth nearly Rs 2.50 lakh crore from 2012 to 2017. The IT giant was followed by private sector lender HDFC Bank (Rs 2.31 lakh crore), as per the study, which looks into top 100 wealth creating companies during the said five-year period.
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