In an era where financial stability is as crucial as growth potential, mid-cap companies with robust reserves and healthy cash equivalents are attracting investor interest. These companies not only showcase strong balance sheets but also possess the financial flexibility to pursue growth opportunities, sustain operations during market volatility, and reward shareholders. Investors seeking financially resilient mid-cap stocks may find these options particularly appealing.
1. Oil India Limited (OIL)
Incorporated in 1959, Oil India is a Maharatna CPSE fully integrated into the energy sector. The company operates across crude oil and natural gas exploration, production, and transportation, and is involved in LPG production.
Alongside its core energy operations, Oil India has diversified i