Economic TimesLean R·
Blue-Chip Blues: A quarter of India's top stocks have failed to deliver meaningful returns
ET Intelligence Group: One out of every four BSE 100 companies, 23 to be precise, have failed to generate meaningful annualised returns over the past three years, with the number narrowing to 21 on a five-year basis. These companies have yielded 5% or less return over the said periods.The BSE 100 delivered annualised returns of 9.3% over three years and 9.8% over five years, while the Sensex generated annualised returns of 6.3% and 8.2%, respectively.Sectorally, the laggards are concentrated in…
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