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India’s Top 20 Leviathans’ Awe-Inspiring Dominance
The top 20 profit generators in India now account for 90% of the country’s corporate profits, find Saurabh Mukherjea & Harsh Shah.
05 Mar 2021, 11:10 AM IST
The top 20 profit generators in India (‘the Leviathans’) now account for 90% of the country’s corporate profits. Beyond dominating the country’s profit pool, the Leviathans also reinvest these profits far more efficiently back into their businesses. By doing this over the last 25 years, the Leviathans have also widened the RoE gap between them and India Inc. Anyone who wants to succeed in the Indian stock market should therefore be f...
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