Best Stocks for Safe Investment

According to the Motilal Oswal wealth creation study, only 25 state-owned Indian companies could make it in to the 'top-100 wealth creators' list. Wealth creation is the process by which a company enhances the market value of the capital entrusted to it by its shareholders.

Reliance was the biggest wealth creator for the second year in a row, with wealth created of Rs 307,700 crore (Rs 3,077 billion), followed by ONGC (Oil and Natural Gas Corporation) in second position and Bharti Airtel in third position.

10 biggest wealth creators of 2008 (Best stocks for safe Investment):

1. Reliance Industries
Net Wealth Created (Rs billion): 3,077

2. ONGC
Net Wealth Created (Rs billion): 1,593

3. Bharti Airtel
Net Wealth Created (Rs billion): 1,505

4. NMDC
Net Wealth Created (Rs billion): 1,356

5. MMTC
Net Wealth Created (Rs billion): 1,084

6. BHEL (Bharat Heavy Electricals Ltd)
Net Wealth Created (Rs billion): 952

7. Larsen & Toubro
Net Wealth Created (Rs billion): 813

8. SAIL (Steel Authority of India Limited)
Net Wealth Created (Rs billion): 727

9. SBI (State Bank of India)
Net Wealth Created (Rs billion): 701

10. ITC
Net Wealth Created (Rs billion): 617

Reliance Industries Limited is the largest private sector conglomerate (by market value) in India and the second largest in the world. It was the only Indian firm featured in the Forbes's list of "world's 100 most respected companies" in 2008.

Oil and Natural Gas Corporation Limited (ONGC) is a public sector petroleum company. It was ranked 152nd among Fortune Global 500 company. It has been ranked 198th by the Forbes Magazine in their Forbes Global 2000 list for the year 2007. It is also ranked as Asia’s best Oil & Gas company by US-based magazine ‘Global Finance’.

Bharti Airtel has three strategic business units (SBU’s) - Mobile Services, Airtel Telemedia Services & Enterprise Services. It is in the top 3 biggest wealth creators of 2008.

Bharat Heavy Electricals Limited (BHEL) is the largest engineering and manufacturing enterprise in India, manufacturing over 180 products under 30 major product groups.

Larsen and Toubro Limited is a technology, engineering, construction and manufacturing company in India. It was rannked 961st in The Forbes Global 2000 list for the year 2008.

Steel Authority of India Limited (SAIL) is one of the largest steel makers in India, placed among the top five highest profit earning corporates in the nation. The company is owned and operated by the Government of India. It was ranked 647th in the 2008 list of Forbes Global 2000 companies.

State Bank of India (SBI) is regarded as the largest bank in India. It is rated 29th most reputable company in the world, according to Forbes World's Most Reputable Companies: The Rankings. It has the following Subsidiaries: State Bank of Bikaner & Jaipur, State Bank of Indore, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore.  It has branches of the parent in Frankfurt, Hong Kong, Johannesburg, Colombo, London and environs, Dhaka, Los Angeles, New York, Male in the Maldives, Muscat, Osaka, Sydney, and Tokyo.

ITC Limited (Imperial Tobacco Company of India Limited) is listed on Forbes 2000 rankings 2007, placed at 1256th. The company has a diversified presence in Cigarettes, Information Technology, Paperboards & Specialty Papers, Personal Care, Packaging, Agri-Business, Hotels, Packaged Foods & Confectionery, Branded Apparel, Stationery, Safety Matches and other FMCG products. It is placed among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine. It is also ranked among Asia's 50 best performing companies compiled by Business Week.

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