Best 12 Companies as per Joel Greenblatt Magic formula:

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Financially Stable Companies

Tata Consultancy Services Ltd

1

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Infosys Ltd

2

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Life Insurance Corporation of India

3

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ITC Ltd

4

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Nestle India Ltd

5

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Coal India Ltd

6

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Hindustan Zinc Ltd

7

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Divi's Laboratories Ltd

8

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Britannia Industries Ltd

9

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Larsen & Toubro Infotech Ltd

10

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Marico Ltd

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11

Tata Elxsi Ltd

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12