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5/23/12
Introduction
Predicting future can be hazardous at most times. But the ET intelligence group has done some number crunching to predict the stars who are poised to make it to ET 500 and others who are likely to fade away. ET 500 rankings focus on the top 500 revenue grossing companies in India each year and on candidates who they believe have the potential to enter the list next year. Being 5/23/12 part of the ET 500 list is all about size and
weighted average of Revenues, PBDIT and Net Profit in the ration of 50%:25%:25% The Revenues, PBDIT and Net Profit are averages of 3 years
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10685 113519 1484482 1704 10300 44407 143471 52209 97155 58933
5 out of the top 10 companies in the list belong to the Oil & Gas industry. This shows us that this industry has the potential and is a fast growing sector. Even though the ROCE of the later half of the table of top 10 have a higher ROCE, they do not feature in the top 5 spots, which when compared with the Fortune 500, is not the same. 2 banks also feature in the list, of which 1 is the largest public sector bank and the other is the largest private sector bank. This shows that there will be a stiff competition in the banking sector amongst these 2 banks in times to come so as to 5/23/12
IOC
The demand for oil and gas in the Indian market is prevalent, along with the ever rising prices, the sector is poised for more growth in times to come. Upcoming projects to further support their growth. One of the projects of Rs. 29,777.00 crore in Grassroots refinery project at Paradip (Orissa) Indian Oil received the 'Oil & Gas Supply 5/23/12 Chain Excellence' award at the 'Second
Conclusion
ET gives more weightage on revenues, but Fortune 500 as discussed focuses on ROI, Innovation and other factors.
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