The Forbes Magazine Listed World’s Most Innovative Companies in their Recent Article,
The Survey, measured how the Investors have Bid up the stock price of the company above the Value of its existing business based on expectations of future Innovative results (New Products, Services & Markets). Members of the list must have $10Billion in the market capitalization, spend at least 2.5% of revenue on R&D and have seven years of public data.
In the Survey findings Forbes listed following Indian Companies as Most Innovative, Tata Consultancy Services as 40th Rank, Infosys as 53rd and Bajaj Auto 68th Rank.
The Detailed Article can be Found <<Here>>
Data Source: HOLT – A division of Credit Suisse, in colloboration with Innovator’s DNS LLC, Intreactive Data, Thomson Reuters Fundametals and Worldscope vis FactSet Research Systems; Bloomberg.
All Figures are in US Dollars. Total returns as of Aug 7.