Synopsis:

NMDC, Godrej Properties, and the other 3 stocks have consistently maintained strong reserves and exposed themselves to minimal debt, which further increased the cash efficiencies of the firm.

In this article, we will look at five midcap companies that, with their strong cash position and low debt, not only make them resilient to any future uncertainties and self-sufficient but also empower them to fund their growth or navigate challenging times without needing to turn to outside capital.

1. NMDC

NMDC Limited is the largest producer of iron ore in India and is engaged in exploring and mining a range of minerals such as iron ore, copper, rock phosphate, limestone, magnesite, diamonds, and more. It has major operations at Bailadila in Chhattisgarh, Donimalai and Kumaraswamy in

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