Brokerage house Phillip Capital has issued a note which is bullish on the company, Action Construction Equipment (ACE), expecting the company's profit to double over next 2 years. In an interview to CNBC-TV18, Sorab Agarwal, ED of Action Construction Equipment spoke about the latest happenings in his company and sector.

Expect 20-30% growth in agri business in FY18: Action Construction Equipment

On tractor business, Sorab Agarwal, ED of Action Construction Equipment (ACE) said, Q1 was negative because of goods and services tax (GST) impact but in March quarter, he is hopeful to do about 20-30 percent growth in tractor business.

Looking at 18-20% growth for FY18: ACE

Action Construction Equipment (ACE) is in focus on the back of a mixed Q1. In an interview to CNBC-TV18, Sorab Agarwal, Executive Director of Action Construction Equipment spoke about the results and his outlook for the company.

Road machinery, material handling biz picking up: ACE

In an interview to CNBC-TV18, Sorab Agarwal, ED of ACE spoke about the results and his outlook for the company.

Expect margin to hit 7.5-8% by end of FY17: Action Construction

Speaking to CNBC-TV18, Sorab Agarwal, ED of Action Construction Equipment said that he expect to maintain the current momentum in earnings.

See incremental rise in rev, margins at 5.5% levels: ACE

Sorab Agarwal, ED, Action Construction Equipment is confident of the company‘s profit margins staying at 5-5.5 percent EBITDA levels. In addition, he sees an incremental rise in its revenues hereon.

Action Construction denies talks of stake sale to L&T Cap

Sorab Agarwal, managing director, Action Construction Equipment, denies the news that L&T Capital is planning to acquire stake in the open market of Action Construction Equipment (ACE).

ACE may take Rs 20-30cr debt if Chinese acquisition happens

Action Construction Equipment (ACE) is in advanced talks to acquire a Chinese company. The cost of this acquisition would be around Rs 40-50 crore. Sorab Agarwal, managing director of the company, in an interview with CNBC-TV18's Latha Venkatesh and Gautam Broker, mentioned that the Chinese company is in the similar trade as ACE.

ACE Construction targets 40-45% sales growth in FY12

Sorab Agarwal, Managing Director of the company, in an interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar, said that the last year was very good for the company and expects a topline growth of 40-45% this year.

ACE eyes 90% profit growth in FY11

In an interview with CNBC-TV18, Sorab Agarwal, MD, Action Construction Equipment (ACE) says, this year has been pretty good for the company. “We should be exceeding 50% top-line growth and bottom-line growth should be around 90% by end of March,” he adds.

Confident to see FY12 top line grow by 45-50%: ACE

Sorab Agarwal, the Managing Director of ACE, in an exclusive interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar, says that the company is confident to see a top line growth of 45% to 50% in FY12.