India, June 24 -- The company is growing its asset base aggressively, with increasing capex and sharply increasing borrowings, with long term debt more than doubling. At the same time, working capital is also under pressure as high receivables are putting a drag on cash conversion. Operating cash flows are improving markedly but are being outstripped by heavy investment spend, leaving the company reliant on external funding.

AVG Logistics Limited is currently trading at Rs 179.1 after yesterday's closing price of Rs 179.34 . The stock opened at Rs 179.4 and striked a day high of Rs 183; the day's low so far is Rs 176.4. The current market capitalisation of the company is Rs 339 crore, with a price-to-earnings ratio of 13 times lower than...