I can say the PE should be low for a trading company, but if you look at the working capital days for the company, they are negative while the players in the unlisted space Infra market and Off business have high working capital days, Infra market is even struggling with the liquidity issues as per the latest credit rating report. I believe it would be good to ask if they are extending the credit to suppliers through SG finserve like off business does with Oxyzo, however off business give credit of 30 days on its own for greater than 30 days they use Oxyzo.
X-@amitsinghpal
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