Stocks with negative contribution to change India 2012-2018
Between fiscal years 2003 and 2018, the stocks from Indian Oil Corporation Limited had the most negative contribution to the Indian economy with a negative share of 3.7 percent. Hindustan Petroleum Corporation Limited came second at negative 1.1 percent share, followed by Hindustan Unilever. Notably, most of the companies that had negative stock values were public companies, owned and operated by the government. On the other hand, Reliance Industries- a private company- which was also in the Oil and Gas sector, had the highest positive contribution to the country's economy.