India's Fastest-Growing Low-Debt Companies: Are Any Still Cheap?

This article looks at companies in India that grew really fast without borrowing too much money.

Growing fast is exciting, but borrowing lots of money can be risky if business slows down.

The writer searched for companies that grew their sales by more than 20% every year for seven years and kept their debt very low.

She found five such companies.

One builds solar power plants, one delivers food and groceries, one helps people book train and flight tickets, one makes phones and electronics, and one sells insurance online.

All five grew big while staying almost debt-free.

But the story also warns that low debt does not always mean a company is a great deal, and some of these stocks are quite expensive.

So investors should study each company carefully before spending their money.