Bengaluru, Sept. 20 -- Significance of debt to equity under 1:
A debt-to-equity ratio of less than 1 means that a company relies more on its own funds than debt to run its business. This is generally seen as a good sign because it shows the company is financially stable and carries lower risk.
The stocks listed below have a debt-to-equity ratio of less than 1:
1. Glenmark Pharmaceutical Limited
Glenmark Pharmaceuticals Ltd is a global research-driven pharma company, operating in more than 80 countries, with businesses in generics, specialty medicines, and over-the-counter products.
With a market capitalization of Rs.58,827.58 crores, the shares of Glenmark Pharmaceutical Limited closed at Rs.2,084.60, down by 1.20 percent from its pre...
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