IiAS study finds 45 of BSE500 companies sitting on Rs 68,900 cr excess cash
Tue, May 30, 2023 10:28 AM

IiAS study finds 45 of BSE500 companies sitting on Rs 68,900 cr excess cash

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A close look at the S&P BSE 500 companies has found that at least 45 of them have the potential to generate an additional wealth of Rs 68,900 crore for their shareholders, according to a study by IiAS. This evaluation takes into consideration the financial statements of FY22 and incorporates announced acquisitions and capital expenditure after the balance sheet date.

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