Maithan Alloys Ltd

Based on the Sept’23 consol B/S, the investments stood at 1389Cr, Bank Bal+Cash was at 748Cr (total 2137Cr). The total equity investments declared between from Dec’23 to Mar’24 were 983Cr (including 429Cr in NSE). There was trade receivables of 288Cr. So I expect that cash+investments should be more than 2500Cr as on Mar’24.

Disc: tracking position