Friday, September 24, 2021
HomeStocksTop Stocks which are interest proof

Top Stocks which are interest proof

interest-rates

In the current High Interest rate environment, the interest expenses will be higher for high debt companies and therefore lower profits.

There is inverse correlation between interest rates and corporate profits.

So, investors can focus on companies which have very low / nil debt.

The list of companies with low debt equity ratios and the returns these have generated over the past decade is as under:

ITC
Infosys
NMDC
Oracle Financial
Colgate
Container Corp
Cummins
CRISIL
Bharat Electro
Hindustan Copper
Engineers India
Marico
Dr Reddys
Wipro
Torrent Pharma
Mphasis
Thermax
Tata Communication

interest-stocks

Feel free to comment below, if you hold other good stocks…..

Also Read:   [Aug 2021] Ashish Dhawan Latest Portfolio
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Also Read:   FII Shareholding Portfolio - Elara India Opportunities Fund

Most Popular

Recent Comments