India, June 22 -- Debt-free stocks represent companies with little to no debt on their balance sheets, making them financially stable and less vulnerable to interest rate fluctuations or economic downturns. These companies often rely on internal accruals to fund growth, reflecting strong cash flow management and operational efficiency.
For investors, debt-free stocks can offer a lower-risk option with consistent returns, especially in uncertain market conditions. They are often favoured for their resilience, sound fundamentals, and long-term wealth-building potential.
Following are a few little to no debt stocks with high net profit growth of up to 800 percent YoY:
1. Garden Reach Shipbuilders & Engineers Limited
With a market cap of R...
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