Birla Global Finance Workings Affected

During the year it had to borrow funds for working capital at an average of 15.5 per cent. It has an investment folio of Rs 60 crore, due to depress capital market, the companys income from investment and stock trading declined to Rs 4.94 crore from Rs 12.39 crore. The company has expanded assets-based financing activities to 247.36 crore from Rs 194.18 crore.

Market price Rs: 26.19, EPS: Rs 4.04 P/E: 6.46