The Return of Cash-Rich Companies

While the market is chasing growth stories, cash on the balance sheet is quietly becoming valuable again. With global uncertainty rising and capital becoming more selective, companies with strong cash flows and low debt have greater flexibility to acquire assets, invest through the cycle, or return capital to shareholders. Investors may start rewarding balance-sheet strength as much as earnings growth. Companies like $COALINDIA , $NTPC , $INFY and several large-cap industrials fit this theme.