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CMI has been awarded orders from east central railway and Bharat Heavy Electricals (BHEL). In an interview to CNBC-TV18, Amit Jain, MD of the company spoke about these orders wins and the latest happenings in the company.
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In an interview to CNBC-TV18, Chander Agarwal, MD & CEO, TCI Express spoke about the results and his outlook for the company.
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In an interview to CNBC-TV18, DC Joshi, ED-Contract Services at Power Grid Corporation of India spoke about the contract that has been awarded to ABB & Bharat Heavy Electricals (BHEL).
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In an interview to CNBC-TV18, Naveen Sawhney, MD of Cords Cable spoke about the latest happenings in his company and sector.
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MMTC has been in talks with various defence organisations for the nuclear deal, says Ved Prakash, CMD of MMTC.
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BHEL declared its FY16 provisional earnings yesterday that showed that strong order inflows -- at Rs 43,727 crore versus Rs 30,814 crore year-on-year.
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BP Rao, former Chairman and Managing Director of BHEL highlighted that although Chinese imports were high 3-4 years back, they have gradually reduced since.
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Prakash Sanghvi CMD, Ratnamani Metals and Tubes says he expects things to improve in refineries section in next eight to nine months.
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Falling crude prices is one of the main reasons for the ONGC divestment getting delayed, Johri said
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With a turnaround on its bottomline, the firm aims to achieve revenues of Rs 1500 crore for FY15 on consolidated basis, says Sudhir Deoras, Managing Director, TRF.
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According to Vinayak Chatterjee, thermal power has seen maximum number of policy reforms in the last 18 months and so, the worst seems to be behind for it.
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The current good run is based on the calculations by the market that investment cycle is going to catch on. However, there has been no change on the ground level, says MS Unnikrishnan.
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Speaking to CNBC-TV18 on his outlook for the sector, K Ravi Kumar, ex chairman, Bharat Heavy Electricals Limited (BHEL) says the export space is more lucrative for companies than Indian markets as there is more demand for gas turbines, heat recovery steam generators, etc.
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Despite coal shortage issue last year BHEL garnered around almost 8000-8500 megawatts of orders. This year too it should be able to garner around 6000 MW, largely lead by central and state government utilities, says Amol Rao of Anand Rathi.
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Speaking to CNBC-TV18, Vinayak Chatterjee, chairman, Feedback Infra says most of the CCI announcements were largely focused on the power sector and the government is moving in the right direction.
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Amol Rao of Anand Rathi Institutional Research told CNBC-TV18 that BHEL still stands a very good chance of wining a significant portion of available power projects. However, he expects BHEL stock to remain under pressure despite order wins.
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Capital goods companies needs to focus on export post rupee fall especially when demand in domestic market is abysmally low due to sullen economic enviornment, says K Ravi Kumar, Former BHEL Chairman
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BHEL, one of India‘s largest engineering and manufacturing company, has announced its provisional quarter numbers for FY13, where the company‘s order inflow stands at Rs 31,528 crore verses Rs 22,096 crore.
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Parag Parikh ED & CFO, Gammon Infrastructure Projects, says that the company has posted cash profit of Rs 122 crore for nine months in FY13.
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K Ravi Kumar, Independent Director of Reliance Infra told CNBC-TV18 regulatory bodies like the Central Electricity Regulatory Commission (CERC) should be free to fix tariffs.
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MF Farooqui, secretary, ministry of heavy industries and public enterprises, says that in the long run, BHEL also needs to identify what possibilities exist for them to diversify.
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In an interview to CNBC-TV18, MS Unnikrishnan, managing director, Thermax, gives his expectations for the company's performance.
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BG Raghupathy, CMD, BGR Energy explains to CNBC-TV18 that a high order book as compared to last year has helped the power company navigate the economic slowdown, reduction in PSU orders thanks to coal-allocation and land acquisition problems, damage caused by Chinese imports and drying up of offers from the private-sector.
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MS Unnikrishnan, MD, Thermax, says that the company‘s exposure to the power sector in a good year is 25-27%. He also says that the power sector is not in good shape nor the situation is likely to improve in the near term.
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Ravi Uppal, President, L& T Power, says that a 10% differential duty would have been more appropriate step taken by the cabinet.
