These 7 companies gain upto 750% in 5 years https://ift.tt/FAiyJMg 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).
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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