Short-cycle orders stay strong, QCO weighs on margins for now
The business is the world's second-biggest industrial robot maker after Japan's FANUC Corp and competes with rivals including Yaskawa and Germany's Kuka
The company plans to use the money to fund capex needs, meet working capital requirements as well as for inorganic growth opportunities
ABB India’s playbook is poised to cash in on high growth businesses that is aiding profitability and return ratios. Will it sustain?
Recent results of cap goods firms mirror robust infrastructure capex in the country translating into good order flows, but some near-term hiccups in orders from process industries and large orders
In their Q4 earnings preview report, analysts at Anand Rathi estimated that on an aggregate basis, revenue would expand annually and quarterly on better execution given the order book strength.
This endeavour marks a significant leap in sustainable maritime transport and comes as part of Samskip Group's vision to lead the way in eco-conscious logistics.
As per the MoU, the two companies will focus on system-level assessments of Tata Steel’s manufacturing plants and production facilities to evaluate and co-develop short and long-term options for energy efficiency, decarbonisation, and circularity.