Motilal Oswal lists out 10 wealth destroying stocks over the last five years

24 out of the top 500 companies destroyed wealth, according to the Motilal Oswal Wealth Creation Study, which also reflects the full impact of the Covid-hit low base of March 2020. The top 10 wealth destroying companies, accounted for 82% of the total wealth destroyed, and all of them belonged to consumer-facing businesses, the study noted. Here’s a look at those 10 companies:

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