Top 5 Cash-Rich Penny Stocks in India
Top 5 Cash-Rich Penny Stocks in India

Top 5 Cash-Rich Penny Stocks in India

Running out of cash is a significant threat to penny stocks, forcing them to raise capital or cease operations.

Prajwal Wakhare Article rating: 4.3

IRB Infrastructure Developers, Hathway Cable, Infibeam Avenues, Reliance Power, PC Jewellers are Five Cash-Rich Penny Stocks in India's Infrastructure and Technology Sectors 

Looking for cash-rich companies with big dividends? Check this out!
Looking for cash-rich companies with big dividends? Check this out!

Looking for cash-rich companies with big dividends? Check this out!

Here are the top five companies with good cash reserves and a low debt-to-equity ratio.

Karan Dsij Article rating: 3.7

With the market gripped by uncertainty, market participants tend to take the flight to safety and hence, demand for stocks which have cash reserves surges. There is a perception that these companies tend to provide good dividends, however, one needs to check their debt level as well.

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