This post is in continuation of my 5 Stocks series (see here)
5 stocks that are deleveraging their balance sheets are given below (source:Capital Markets):
Company | Total Debt (Crore) | D/E Ratio Latest | D/E Ratio Highest |
Bajaj Electricals | 192.42 | 0.24 | 2.89 |
Exide Industries | 32.16 | 0.03 | 1.09 |
Force Motors | 59.69 | 0.03 | 1.09 |
Mcleod Russel | 263.1 | 0.27 | 1.31 |
Tata Global Beverages | 915.59 | 0.18 | 1.47 |