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KRN: Sixer

Source: Investor Presentation of KRN Heat Exchanger And Refrigeration Ltd


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One reply on “KRN: Sixer”

Related Party Transactions?
Raw material quantum decreased.
Stock-in-Trade increased (related party vendor?)
WC rose by 15x.
Inventory increased – finished goods?
Receivables shot up.
Subsidiary was opened recently. Some kind of raw-material transaction was supposedly done at arms-length.
Best to verify. Hopefully genuine.

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