Between fiscal years 2003 and 2018, the stocks from Indian Oil Corporation Limited had the most negative contribution to the Indian economy with a negative share of 3.7 percent. Hindustan Petroleum Corporation Limited came second at negative 1.1 percent share, followed by Hindustan Unilever. Notably, most of the companies that had negative stock values were public companies, owned and operated by the government. On the other hand, Reliance Industries- a private company- which was also in the Oil and Gas sector, had the highest positive contribution to the country's economy.
Stocks with negative contribution to economic change in India between FY 2003 and FY 2018
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Motilal Oswal Group. (January 24, 2019). Stocks with negative contribution to economic change in India between FY 2003 and FY 2018 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1051689/india-stocks-with-negative-economic-contribution/
Motilal Oswal Group. "Stocks with negative contribution to economic change in India between FY 2003 and FY 2018." Chart. January 24, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1051689/india-stocks-with-negative-economic-contribution/
Motilal Oswal Group. (2019). Stocks with negative contribution to economic change in India between FY 2003 and FY 2018. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1051689/india-stocks-with-negative-economic-contribution/
Motilal Oswal Group. "Stocks with Negative Contribution to Economic Change in India between Fy 2003 and Fy 2018." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/1051689/india-stocks-with-negative-economic-contribution/
Motilal Oswal Group, Stocks with negative contribution to economic change in India between FY 2003 and FY 2018 Statista, https://www.statista.com/statistics/1051689/india-stocks-with-negative-economic-contribution/ (last visited December 21, 2024)
Stocks with negative contribution to economic change in India between FY 2003 and FY 2018 [Graph], Motilal Oswal Group, January 24, 2019. [Online]. Available: https://www.statista.com/statistics/1051689/india-stocks-with-negative-economic-contribution/
