Hindustan Lever Ltd (HLL) has emerged on top in a ranking of Indian

corporates on the basis of the gain in return on net worth (RONW) and

the economic value added (EVA).

Other notable leaders, compiled by Confederation of Indian Industry

(CII), are ITC Ltd, Bajaj Auto, Videsh Sanchar Nigam Ltd, Bharat Heavy

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Electricals Ltd and Castrol.

In fact, HLL has emerged as the outright winner as no company even comes

close to it in terms of either RONW or EVA.

"This finding only emphasises what most company watchers have known for <

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First Published: Oct 14 1999 | 12:00 AM IST

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