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INDIA INC'S BIGGEST WEALTH CREATORS-GUJARAT GAS COMPANY (wealth added during 1998-2003 was at Rs112 crore).

Asia Africa Intelligence Wire

| April 11, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Gujarat Gas Company (GGC) is featured in Business Today's India Inc's Biggest Wealth Creators-the other 400 list of 2004. The listing is based on Stern Stewart and Co's analysis of wealth creation performance of 500 listed companies across 20 sectors over a five-year period beginning 1998.

Companies that were classified in the Z category at any time during the five years were excluded from the survey. Factors considered for the rating include Economic Value Added (net operating profit after tax less average economic capital multiplied by weighted …

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