There have been some rumours floating around the market that promoters are looking to exit from Bharati Shipyard. PC Kapoor, MD of the company, in an interview with CNBC-TV18’s Udayan Mukherjee, called these rumours baseless and false.
PC Kapoor managing director of Bharati Shipyard and the executive director of Great Offshore says that the company is confident of turning around the earnings expectations in the coming six months. “Bharati Shipyard is in talks for various orders from defence sector. Great Offshore has long-term contracts for drilling rigs,” he says.