India's Top Five Cash Per Share Companies as on March 31, 2012 and the current stock price
Excess cash is also not a good sign as it indicates that the company is not looking for growth opportunities and is foregoing prospects such as inorganic growth or even capacity expansion. The following table is a listing of the top five companies with the highest cash per share as on March 31, 2012.
Company - Industry - Cash Per Share (Rs)
1) Infosys Ltd - Computers - Software - 359,
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2)Bharat Electronics Ltd - Electronics - Equipment/Components - 219
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3)Container Corporation of India Ltd - Transport - Road - 212
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4)Oil India Ltd - Oil Drilling & Exploration - 182
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5)Great Eastern Shipping Company Ltd - Shipping - 172
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