Fortune India Magazine - July 2021

In this issue

Fortune India’s Top 100 Wealth Creators list is focussed on consistency as the key metric while picking the real stars of the bourses. On the one hand, there were companies and businesses that were severely impacted by the lockdown and the rising number of infections. On the other, there has been a consistent rise in the bench-mark stock market indices as share prices head north despite the pandemic. India saw a massive $37.6 billion of foreign portfolio inflows in FY21, higher than the cumulative inflows of the past six years, while domestic institutional investors saw outflows of $18.4 billion after five years of inflows. With vacci-nations gathering pace and the second wave receding, the upward trend continues. Fortune India’s issue on India’s Top 100 Wealth Creators comes against this back-drop. However, to identify the true generators of investor wealth, we didn’t go by the simple definition of market capitalization gains over a period. We focussed on consistency as the key metric while picking the real stars of the bourses. The line-up of names is self-explanatory. There is Syngene International, the contract research company majority owned by Biocon, which is now aiming to become a global science company in its own right. Among other names on the list are seafood major Avanti Feeds, quite a favourite of investors; tech company Sonata Software; Honeywell Automation, which is banking on more manufacturing companies adopting Industry 4.0; and tried and tested healthcare major Apollo Hospitals Enterprise. All these companies rewarded shareholders over time, but also remained focussed on the bottom line and have grown their businesses significantly. These, we believe, are true wealth creators, and we hope you will enjoy reading how they did it