Company is almost debt free and generating around 600 crores of free cash flow at current rate. At currrent CMP, thats almost 7% FCF yield. On top, the company has 5000 crores of cash. Even if company grows at nominal GDP, it will be in a position to return investor’s money in 5-6 years. Is there any company in today’s scenario that provides such assurance in cash flow terms. Am i missing something here ?
Subscribe To Our Free Newsletter |