HomeNewsBusinessMoneycontrol ResearchAvalon and Elin: Are these EMS players worthy of investor attention?

Avalon and Elin: Are these EMS players worthy of investor attention?

The Indian EMS market has grown at a CAGR of 20 percent in the last 3-5 years and it is estimated to grow at 32-35 percent, going forward. Avalon and Elin have underperformed their peers

Nitin Sharma

February 26, 2024 / 09:15 IST

Avalon and Elin: Are these EMS players worthy of investor attention?

The cash conversion cycle has been weak across the electronic manufacturing services (EMS) sector in FY24 and the slippage was visible over Q2FY24 for both Elin and Avalon

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More