10 year Challenge: Winners and Losers
You may have stumbled upon the ‘10-year Challenge’ on social media where participants posted two pictures of themselves – one taken 10 years ago and one taken recently. While the initial intent was to just have fun and reminisce about the past; the exercise soon became a metric to assess how aging affected different individuals. We took the concept and applied it to stocks whose present market cap is over Rs. 1,000 crore. It is certainly intriguing and informative to note how these stocks have fared over the last 10 years.
Based on our evaluation, we have shortlisted the stocks have underperformed and eroded shareholders' wealth by more than 50 per cent in 10 years.
(Source: ACE Equity)
Contrarily, some stocks have aged like fine wine. Following is the list of top 10 companies who have outperformed and delighted investors in the past 10 years.
(Source: ACE Equity)