The top-ten list according to adjusted ROCE is dominated by the FMCG (GCPL, GTC Industries and Nestle India) and the IT (Tulip IT, Geodesic Information Systems and Teledata Informatics) sectors. The three IT companies Tulip IT, Geodesic Information Systems & Teledata Informatics are ranked at 7th, 8th and 9th positions respectively. Other companies that are featuring in the top ten are from finance, metals, transport equipments and the oil & gas sectors. Rather than taking a three year average, if we had only considered adjusted ROCE for the latest year, then the top ten rankings would have undergone certain changes. For instance, ICSA (India), which was fourth according to average adjusted ROCE, would have topped the charts. Further, while companies like Esab India and United Breweries would make their way into the top ten, companies like Bongaigaon Refineries and Hero Honda Motors would have to opt out of the list.
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
For Complete IIPM - Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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