OriginalSourceThehindubusinesslineLeanUnratedCredibilityUnratedPublished10:46 UTCSourceThehindubusinesslineLeanUnratedCredibilityUnratedPublished10:46 UTC
“R&D-focused companies deliver 23.5% returns, outperform NSE 500: Monarch AIF”
R&D-focused Indian firms delivered 23.5% stock-return CAGR vs NSE 500
Key points
- Monarch AIF analysis: 130 firms with >20% R&D CAGR (FY21-FY26) averaged 23.5% stock-price CAGR.
- Overall, these firms outperformed NSE 500 TRI by about 9.8 percentage points.
- 27 firms with >20% R&D growth and >2% of sales on R&D posted 32.5% CAGR.
- Only 28 of 2,000+ listed companies spend >5% of sales on R&D; 59 spend >3%.
- India’s GERD was ₹2.45 lakh crore in FY24; private sector contributed 52%.
How it got here
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