Which company has highest cash reserve in India?

Cash Rich Companies

S.No. Name Reserves Rs.Cr.
1. TCS 88773.00
2. Coal India 36980.31
3. Hindustan Zinc 33437.00
4. NMDC 34550.90

What is the most cash rich company?

S&P 500 Companies With The Most Cash

Company Ticker Cash and investments ($ billions)
Apple (AAPL) $202.6
Alphabet (GOOGL) 169.2
Microsoft (MSFT) 132.3
Amazon.com (AMZN) 86.2

What is cash rich company?

CashRich, a simple wealth management app, helps its users to manage their money more confidently. Mumbai, Maharashtra, India.

Which company has highest free cash flow in India?

Companies with free cash flow

S.No. Name Sales Qtr Rs.Cr.
1. Standard Inds. 430.37
2. Ksolves India 13.59
3. Hemang Resources 53.08
4. Titan Intech 3.51

Is ITC a cash rich company?

At a time when cash is the most valued asset in India Inc, ITC has nil debt and a cash pile of over Rs 20,000 crore. For FY20, it generated free cash flows of Rs 11,693 crore – 30 per cent higher than the year-ago level and by far the highest in the FMCG industry.

How do you know if a company is cash rich?

In order to know the source of cash, investors should look at the cash flow statement and not the balance sheet. In the cash flow statement, if cash from operations are positive consistently over a period of time, it is a good signal.

Is ITC a zero debt company?

For a growing firm, debt plays a significant role in its financial performance. Debt-free businesses have numerous advantages and are a solid investment option….Best 10 Debt-Free Company Stocks To Invest In India 2021.

Company Debt Market Cap in Rs
ITC 0 2.56LCr
Ambuja Cements 0 67.70TCr
CDSL 0 10.55TCr
P & G Hygiene and Health Care Ltd 0 42.45TCr

Is cash rich app safe?

Secure Transactions CashRich uses a secure platform from Bombay Stock Exchange to process transactions.

Is ITC cash rich?

As per this, ITC has cash reserves and surplus of around Rs. 58,000 crores. A pretty huge sum, especially now when cash is the king.

What company has the largest cash flow?

The largest company on the list of 50 was Apple Inc. AAPL, +3.19% , which had $52.91 billion in free cash flow in calendar 2017. The company’s free cash flow increased to $80.22 billion in 2020, for a three-year CAGR of 14.9%.

Who bought ITC?

Samir Arora on why he bought into 3 stocks including ITC recently.