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  1. Tech firms write code of wealth

Tech firms write code of wealth

Over 2009-14, Eicher Motors has been the fastest wealth creator for investors, followed by Bajaj Finance.

Updated: December 16, 2014 6:03 AM

Over 2009-14, Eicher Motors has been the fastest wealth creator for investors, followed by Bajaj Finance. Kotak Mahindra Bank has been the most consistent wealth creator in the last 10 years, followed by Asian Paints and Sun Pharma.

According to Motilal Oswal’s 19th Wealth Creation Study, over the last five years, technology has been the biggest wealth-creating sector, followed by consumer and retail. TCS has emerged as the biggest wealth creator, retaining the top slot it held even during 2008-13. In contrast, utilities was the biggest wealth destroyer, followed by capital goods and real estate. More than half of the top 100 wealth creators are young companies, not more than 30 years old.

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