Large cap stocks are well-established businesses with a market capitalization of more than Rs 48900 crores. The debt to equity ratio refers to the debt level of every single rupee we invest.
Here are some Large cap stocks under Rs 130 with low debt to equity ratio.
Samvardhana Motherson International Ltd
Samvardhana Motherson International Ltd’s limited share price has opened 1.2 percent up to Rs 95.10 per share from its previous close of Rs 93.95 per share on Friday. The market capitalization of this stock is Rs 63,870 crores.
Net revenue of the company increased by 28 percent annually, from Rs 18,302 crores in Q2FY23 to Rs 23,474 crores in Q2FY24, according to the company. The company’s net profit increased by 2 percent year on year, from Rs 288 crores in Q2FY23 to Rs 294 crores in Q2FY24.
The company’s price-to-earnings ratio of 32 is lower than its peers, also it has a low debt-to-equity ratio of 0.54 with a dividend yield of 1 percent.
Samvardhana’s mother-son international share price has risen 11 percent in the last six months and 24 percent in the year to date.
Additionally, Samvardhana Motherson International Ltd has made significant strides in the aerospace business. The company acquired CIM Tools in India to establish its aerospace division, which is now expanding globally.
This move demonstrates the company’s commitment to the aerospace sector and its efforts to grow and diversify its business. Motherson Sumi Systems’ primary business is the manufacture and sale of automotive original equipment manufacturers’ components.
NHPC Ltd.
NHPC Limited’s share price has opened 1.1 percent up to Rs 64.20 per share from its previous close of Rs 63.45 per share on Friday. The market capitalization of this stock is Rs 62,430 crores.
According to their financials, the net revenue decreased by 13 percent annually, from Rs 3,366 crores in Q2FY23 to Rs 2,931 crores in Q2FY24, according to the company. From Rs 1,693 crores in Q2FY23 to Rs 1,693 crores in Q2FY24, the company’s net profit has increased by 0.4 percent year over year.
The company has a low price-to-earnings ratio of 14 compared to its peers, also a low debt-to-equity ratio of 0.80 with a return on equity ratio of 11 percent, a return on capital employed of 9 percent, and a net profit margin of 40 percent.
NHPC Limited’s share price has risen 39 percent in the last six months and 59 percent in the year to date.
The National Hydroelectric Power Corporation (NHPC), a Mini Ratna category I public sector utility, is the Government of India’s flagship hydroelectric generation company. The company’s main line of business is producing and selling large amounts of electricity to different power utilities.
Zomato Ltd
Zomato’s limited share price has opened 2.4 percent down to Rs 130.55 per share from its previous close of Rs 123.75 per share on Friday. The market capitalization of this stock is Rs 1,11,000 crores.
Looking at their net revenue increased by 71 percent annually, from Rs 1,661.3 crores in Q2FY23 to Rs 2,848 crores in Q2FY24, according to the company. From a loss of Rs 250.8 crores in Q2FY23 to a profit of Rs 36 crores in Q2FY24, the company’s net loss has decreased by 114 percent year over year.
The company has a zero debt-to-equity ratio, a good current ratio, and a current ratio of 7. However, their return on equity ratio, return on capital employed and net profit margin remain negative.
Zomato share price has risen 74 percent in the last six months and 114 percent in the year to date. For example, if an investor invested Rs 1 lakh a year ago the current value would be 2.14 lakhs.
Zomato Limited, founded in 2010, is one of the leading online Food Service platforms in terms of food value sold. Its services include food delivery, dining out, and loyalty programs, among others.
Written by Sriram KV
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