10 Biggest Wealth Creators (Best stocks for safe Investment)

A recent Motilal Oswal (brokerage house) wealth creation study states that over the past five years, PSUs in aggregate terms underperformed the private Indian companies in terms of earnings compounded annual growth rate.

As per the report, only 25 state-owned companies could make it in to the 'top-100 wealth creators' list.

During the 5-year period, PSUs in aggregate underperformed the Indian companies in terms of earnings CAGR. Following are the biggest money making companies which could be best stocks to invest and get safe investment returns.

Reliance Industries
Rank: 1
Net Wealth Created (Rs billion): 3,077
Net Wealth Created (% Share): 12.1
Price CAGR (%): 58.7
PAT CAGR (%): 36.5
P/E FY 08: 16.9
P/E FY 03: 9.4



ONGC
Rank: 2
Net Wealth Created (Rs billion): 1,593
Net Wealth Created (% Share): 6.3
Price CAGR (%): 32.8
PAT CAGR (%): 9.7
P/E FY 08: 12.6
P/E FY 03: 4.8




Bharti Airtel
Rank: 3
Net Wealth Created (Rs billion): 1,505
Net Wealth Created (% Share): 5.9
Price CAGR (%): 96.4
PAT CAGR (%): L to P
P/E FY 08: 24.5
P/E FY 03: L to P



NMDC
Rank: 4
Net Wealth Created (Rs billion): 1,356
Net Wealth Created (% Share): 5.3
Price CAGR (%): 158.3
PAT CAGR (%): 59.8
P/E FY 08: 42.1
P/E FY 03: 3.8




MMTC
Rank: 5
Net Wealth Created (Rs billion): 1,084
Net Wealth Created (% Share): 4.3
Price CAGR (%): 186.8
PAT CAGR (%): 51.6
P/E FY 08: 543.6
P/E FY 03: 22.4




BHEL
Rank: 6
Net Wealth Created (Rs billion): 952
Net Wealth Created (% Share): 3.7
Price CAGR (%): 79.1
PAT CAGR (%): 45.1
P/E FY 08: 35.2
P/E FY 03: 12.3



Larsen & Toubro
Rank: 7
Net Wealth Created (Rs billion): 813
Net Wealth Created (% Share): 3.2
Price CAGR (%): 100.9
PAT CAGR (%): 38.1
P/E FY 08: 40.7
P/E FY 03: 10.6




SAIL
Rank: 8
Net Wealth Created (Rs billion): 727
Net Wealth Created (% Share): 2.9
Price CAGR (%): 83.8
PAT CAGR (%): L to P
P/E FY 08: 10.1
P/E FY 03: L to P



SBI
Rank: 9
Net Wealth Created (Rs billion): 701
Net Wealth Created (% Share): 2.8
Price CAGR (%): 44.4
PAT CAGR (%): 16.7
P/E FY '08: 15.0
P/E FY '03: 4.6



ITC
Rank: 10
Net Wealth Created (Rs billion): 617
Net Wealth Created (% Share): 2.4
Price CAGR (%): 37.5
PAT CAGR (%): 17.9
P/E FY '08: 24.9
P/E FY '03: 11.4

Also Read:
Indian Stock Markets : Where to invest in 2009?
Stock Markets in 2009 would be volatile - Marc Fab...
Nifty Target would be 2000 - Weakness developing i...
Top 10 Banking Stocks for best investment