Fundamentally Strong Stocks With Huge Cash Reserves companies

Good cash flow position is one of the most important parameters for selecting a company and a healthy cash flow means the company has sufficient cash to fund its future expansion plans and also to distribute to the shareholders. A good cash flow position also ensure that the company does not have to rely on debt to fund its expansion plans. Listed below are some fundamentally strong companies in good sectors with a healthy cash flow position. These companies can be outperformers in the long run giving good capital gains to its investors.

1)Engineers India Limited - FY 2007 cash and cash equivalents at the end of the year was 941.42 Crores.

2)Steel Authority of India (SAIL) Ltd - FY 2008 cash and cash equivalents at the end of the year was 13759.44 Crores.

3)NTPC Ltd - FY 2008 cash and cash equivalents at the end of the year was 14933.20 Crores.

4)Reliance Industries Ltd - FY 2008 cash and cash equivalents at the end of the year was 4280.05 Crores.

5)Bharat Heavy Electricals Ltd - FY 2008 cash and cash equivalents at the end of the year was 5808.91 Crores.

6)Oil & Natural Gas Corporation Ltd - FY 2007 cash and cash equivalents at the end of the year was 19280.79 Crores.