But still maintain their NAV close to 200/-, even though NAV shows a sound amt, there balance sheet shows a negative working capital.
Further Liquidity ratio shows below average figures.
What happen to this giant company ? We can not say this is over-trading situation. But extremely really on "Short Term Interest-Bearing-Borrowings" & "Interest-Bearing-Borrowings due within one year", all those are short term finance.....
Why can not they think about other long term finances like right issue.......to make their company profitable. Use new marketing methods to increase their sales income etc....
But they have given a 2/- + dividend this time, may be they recorded a profit for Sep QT.
What is your opinion on this ?