Free Cash Flow presents a more accurate picture of the financial health of a Company .It allows the company to pursue opportunities that ultimately enhance shareholder value, such as develop new products, acquire firms and pay-off debt. Companies with high free cash flows provide stable returns and tend to out-perform during uncertain times. They are also likely to pay rich dividends to the Shareholders.
If a Firm is increasing its cash flow steadily every year, it usually indicates that it is running its operations efficiently by reducing cost or expanding its market share.
TEN Indian Companies (NSE Listed) with highest Free Cash Flow-
1.ONGC 2.COAL INDIA 3.INFOSYS 4.NMDC 5.HINDUSTAN ZINC 6.SAIL 7.WIPRO 8.HUL 9.TATA STEEL 10.TCS
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