Finance Guru Speaks: This article will provide Top 10 Market Cap Companies in India with High Promoters Holdings and Zero Debt.
Benefits of Investing in such Companies:-
1. Market Cap: As they have large Market Capitalization, they often have deep pockets to invest in their further growth and better chances to withstand a financial crisis. Their trading volumes are also high which gives chances to Investors to enter or exit smoothly. You can have more chances of getting Dividends from such companies.
Market Cap is calculated as No. of Shares outstanding in the Market multiplied by Current Share Price.
Market Cap* = No. of Shares in the Market X Current Price of one Share
*It keeps on changing based on No. of Shares outstanding and Current Share Price.
2. High Promoter Holding: Who can understand a Company better than its Promoters! If Promoters Holdings are constant or increase on a quarter by quarter basis, then it can be considered as a company with good Management. You can worry if Promoters Holdings keep reducing over a period of time.
3. Zero Debt: Companies whose business model allows them to operate with Zero borrowings are self-sustainable. Such companies are also favorites of Investors. Companies with high debt can bust if they can't generate the profits on a consistent basis.
Below is the list of Companies having Large Market Cap, High Promoters Holding, and Zero Debt:-
Last Updated on: 23-Apr-2020
Note: Just to draw your attention, out of these 10 Companies, HDFC Life, SBI Life, HDFC AMC, and ICICI Prudential Life Insurance companies are listed fairly recently on Sensex/Nifty as compared to the other 6 Companies. So, track them properly before you decide on investing.
I hope the above list will be useful for you in making your investment decisions for the long term.
Always consult your financial adviser before committing any investment in the Stock Market.
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