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Avalon: Why should investors wait before making an investment? 

The domestic EMS market is competitive now and the US operation is currently loss-making and may remain so this year. The US accounts for 54% of the company’s revenues

The current order book is executable over 14 months and a long-term order book of Rs 985 crore is executable for 2-3 years, offering decent visibility, subject to the execution

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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