After careful analysis of companies that consistently grow cash from their operation, only 7 stocks have made the cut which have gained over 100 per cent in the last 5-year time frame.For this analysis, Nifty 500 companies were considered which were able to increase their operating cash from each preceding fiscal year since FY18. To examine further only companies with Debt-to-equity (D/E) ratio less than 0.5x in FY22 were picked. (Data Source: ACE Equity).
These 12 midcap stocks hit fresh 52-week highs; rallied up to 27% in a month
Hitting a 52-week high signals a stock’s peak performance over the past year, offering traders and investors crucial information for decision-making.