In an interview to CNBC-TV18, Hetal Dalal, COO, IIAS, says the shareholders have a good chance of winning a case against the company.
According to VC John Flintham, non-auto sectors like Railways and tractors are expected to be subdued. The organic growth in FY15 will be less compared to last year, he added.
Scholz is a leading high quality hot die forgings manufacturer for the auto and non-auto component industries
The company is targeting annual revenue of Rs 22,000-23,000 crore in the months ahead.
The company expects good growth in terms of topline and a continued improvement in productivity and profits said Flintham of Amtek India.