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).
Oriental Carbon shares surge 9% as BofA buys stake in Rs 300-crore microcap firm
Oriental Carbon & Chemicals shares saw a rise. This happened after Bank of America purchased shares via a block deal. The deal involved 53,428 shares