Top Wealth Destroyers Shares: Motilal Oswal Group has released a report regarding the share market. In this report, all the trends of the stock market during the last 5 years, i.e. from 2020 to 2025, have been studied. The report said that the last 5 years were a great period for the stock market. During this period, the highest wealth creation was seen in the last three decades. However, during this period, some such stocks have also been identified which have lost the most capital of their investors during this period.
This report has been prepared under the leadership of Motilal Oswal Group Chairman Ramdev Aggarwal. The theme of the report has been “India – The Multi-Trillion Dollar Opportunity: Compounding Economy, Compounding Stocks”. It explains how India’s rapidly growing economy is creating huge opportunities for investors and companies.
However, the other aspect of the report also shows that during the same period, there were some selected stocks which caused losses to investors. The special thing is that most of the companies included in this list are from consumer-facing sectors.
Wealth destruction still limited
According to a study by Motilal Oswal, a total of ₹66,600 crore worth of property has been destroyed in this five-year period, which is the lowest in the last 17 years. This figure is only 0.4 percent of the total wealth created by the top-100 companies. Motilal Oswal’s report shows that out of the top-500 companies, there were only 24 companies which reduced investors’ wealth during this period.
These are the top 10 wealth destroyers
This list includes well-known names like Bandhan Bank, Vodafone Idea, Zee Entertainment, PVR Inox and Future Consumer. The stocks that caused the biggest loss were Rajesh Exports and Whirlpool India. These two companies wiped out investors’ wealth worth more than ₹10,000 crore in the last 5 years.
Shares of Rajesh Exports, which deals in gold refining and export, have fallen 60% in the last five years. Its CAGR on annual basis was -19%. Whereas Whirlpool India shares fell by 56% in the same period and its CAGR was -11%.
Banking and telecom sector shares also included
Bandhan Bank stood at third place in this list. Its shares had a CAGR of -6% and investors lost wealth worth about ₹8,400 crore. Telecom sector company Vodafone Idea destroyed investors’ property worth ₹7,100 crore. However, interestingly, its shares have risen by more than 50% in the last six months. This is the only stock in this list whose CAGR was positive at 17%.
These shares also caused big loss
Dhani Services was at fifth place in this list, which destroyed investors’ property worth about ₹ 4,400 crore. Its CAGR was -12%. The remaining five stocks in this list include Relaxo Footwear, PVR Inox, Spandana Sphoorti, Zee Entertainment and Future Consumer. These five together reduced assets worth ₹14,100 crore.
Sector wise performance
If we look at the sector level, the consumer and retail sector was at the forefront, where wealth worth about ₹ 29,600 crore was destroyed. This is 44 percent of the total lost wealth. After this comes the financial and telecom sectors. Sectors like IT, realty, media and capital goods were also among the weak performers during this period.
Overall, while the Indian market has created historic wealth in the last five years, this report from Motilal Oswal also reminds investors how important it is to choose the right stock and sector.
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