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With an order book nearing Rs 22,000 crore, which is more than five times its annual revenue, the company is well-positioned for a sustained growth.
Valuations are on the higher side and the outlook for near-term stock returns is not very encouraging at the moment
While the valuation is on the higher side of the historical range, the stock should do reasonably well, considering the earnings visibility and orders in hand
Though long-term opportunities are intact, near-term stock gains could be moderate
This defence PSU, which has corrected recently, is trading at attractive valuations
Net Sales are expected to increase by 109.3 percent Y-o-Y (down 35.6 percent Q-o-Q) to Rs. 695.9 crore, according to ICICI Direct.
Net Sales are expected to increase by 41.7 percent Y-o-Y (up 54.6 percent Q-o-Q) to Rs 1,157.5 crore, according to YES Securities.
Net Sales are expected to increase by 19.1 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 784.8 crore, according to Kotak.
The government is likely to retain its focus on critical infrastructure sectors, giving investors an opportunity to ride on their success
Net Sales are expected to increase by 3.3 percent Y-o-Y (down 13.4 percent Q-o-Q) to Rs. 620.5 crore, according to ICICI Direct.
Net Sales are expected to increase by 9.2 percent Y-o-Y (down 16 percent Q-o-Q) to Rs. 671.5 crore, according to ICICI Direct.
It would be prudent to wait for one or two more quarters. Defence is a theme that will ultimately play out
Cochin Shipyard posted a weak Q2. In an interview to CNBC-TV18, Madhu S Nair, CMD of the company spoke about the results and his outlook going ahead.