Question: Which Company Is Debt Free In India?

Why is Castrol India share falling?

Unfortunately for some shareholders, the Castrol India (NSE:CASTROLIND) share price has dived 39% in the last thirty days.

Indeed the recent decline has arguably caused some bitterness for shareholders who have held through the 41% drop over twelve months..

Is Maruti debt free?

Maruti Suzuki India Ltd is principal activities of the Company are manufacturing, purchase and sale of motor vehicles, components and spare parts. The other activities of the Company comprise facilitation of pre-owned car sales, fleet management and car financing. Pros: Company is virtually debt free.

Which companies are debt free in India?

Top Debt Free Companies in IndiaHindustan Unilever.HDFC Life Insurance.SBI Life Insurance.ICICI Prudential Life Insurance.HDFC AMC.Bajaj Holdings & Investment Limited (BHIL)SKF India.Maharashtra Scooters.More items…•

Is TCS a debt free company?

That means it doesn’t take debt or cash into account. In theory, a company can lower its future P/E ratio by using cash or debt to invest in growth.

Is Hul a debt free company?

Pros: Company is virtually debt free. The company has delivered a poor growth of 4.71% over past five years.

Which company is debt free?

debt free companies by sanjeevS.No.NameNP Qtr Rs.Cr.1.Hind. Unilever1898.002.Castrol India65.403.Colgate-Palmoliv198.184.Diamines & Chem.6.3122 more rows

Is Castrol a good buy?

Motilal Oswal has given a buy rating to Castrol India with a target price of Rs 185. The share price moved up by 1.34 per cent from its previous close of Rs 126.45. The stock’s last traded price is Rs 128.15.

What is virtually debt free?

Company has cash reserves in excess of the loans it has taken. Companies take loan for saving tax or for maintaining some working capital cash flow obligations. Such comes are called virtually debt free because they can offset their cash reserves with outstanding loan at any point of time.

What are the best stocks to buy today?

Some of the best stocks to invest in now are a mix of momentum, quality and value.Walmart (ticker: WMT)Newmont Mining (NEM)Advanced Micro Devices (AMD)ViacomCBS (VIAC)Amazon.com (AMZN)

Which is the safest share to buy?

Seven safe stocks to considerBerkshire Hathaway. … The Walt Disney Company. … Vanguard High-Dividend Yield ETF. … Procter & Gamble. … Vanguard Real Estate Index Fund. … Starbucks. … Apple.

Which is fastest growing company in India?

RankCompany NameROCE(%)**1Sulzer India61.12Oil Country Tubular75.83Tata Sponge Iron37.74Zydus Wellness48.465 more rows

Which share is best to buy in India?

List of best stocks SLCompanyPrice1Tata Chemicals300.92Gujarat Alkalies & C344.03HEG786.34Sonata Software287.06 more rows

Which sector will grow in next 10 years?

Over the next 10 years, the infrastructure sector in India will need to continue its growth momentum and is likely to maintain a growth rate anywhere between 7-10%, a very healthy sign.

Does Google have any debt?

Google Inc. added to its cash hoard Monday by issuing $3 billion in corporate debt at low interest rates. It’s the first time Google has tapped the corporate bond market for money.

Which share is best to buy?

Our Advisor’s ChoiceStock NameQtyPriceHDFC Bank1002523.25LIC INDIA1002523.25INFY1002523.25Total

What is Blue Chip Fund?

A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.

Which companies have the most cash?

Top 10 companies with largest cash reserves in the world8- Oracle, $35.7 billion. … 7- Ford, $37.3 billion. … 6- Amazon, $43.7 billion. … 5- Facebook, $52.3 billion. … 4- Apple, $100.6 billion. … 3- Alphabet, $121.2 billion. … 2- Berkshire Hathaway, $128.2 billion. … 1- Microsoft, $136.6 billion. Microsoft has the largest cash reserve of any company in the world.More items…•

Why is Infosys not in debt?

Infosys is a debt-free company. It doesn’t have any outstanding debt or fixed deposits. The company presently generates sufficient cash internally to finance all its operational, financing and investment requirements.

Which industry will grow in 2020 in India?

SynopsisRankBrand NameIndustry1One 97 / PaytmFinancial Services2GoBOLTTransport & Support Services3Saankhya LabsAerospace, Defence & Security4RazorpayFinancial Services10 more rows•Feb 1, 2020

Is Facebook Debt Free?

The good news for investors is that Facebook has no debt. It has been operating its business with zero debt and utilising only its equity capital.