In an interview to CNBC-TV18, Ashok Punj, managing director, PSL said, the company is confident of closing the year with a strong orderbook. "We hope to improve on this before March year end," he said.
Ashok Punj, managing director, PSL in an interview to CNBC-TV18 said that the level of enquiries and tenders is picking up which indicates that the market is turning to a more positive trend this year.
Confirming the market buzz of bagging an order from MTPC, Ashok Punj, MD of PSL says the gas pipe industry may get a fillip in the near future with contracts coming from GSPL. Talking about the inflows, he says, "In the first quarter of the year 2011-12, we have added orders to the total of about Rs 1000 crore."
In an interview with CNBC-TV18, Ashok Punj, managing director of PSL, spoke about the company’s latest order win and the road ahead.
PSL has bagged a fairly significant order of Rs 730 crore. In an interview with CNBC-TV18, Ashok Punj, MD, PSL said current consolidated order book is approximately Rs 2,800 crore.
Ashok Punj, MD of PSL, in an interview with CNBC-TV18’s Anuj Singh and Sonia Shenoy, stated that they have seen very sluggish market growth in the industry in the last one year.