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  • GRSE: Strong order pipeline, expansion into greenfield ventures to support future growth

    GRSE: Strong order pipeline, expansion into greenfield ventures to support future growth

    The company is set to benefit from ongoing project deliveries and is aggressively bidding for new orders

  • Chart of the Day | EPC firms see margin pressure despite stable revenue growth

    Chart of the Day | EPC firms see margin pressure despite stable revenue growth

    Easing of bidding norms to encourage greater participation by private firms had seen relatively smaller companies come in at competitive prices

  • RITES surges 13% as Northeast Frontier Railway ups project estimate to Rs 531.77 cr

    RITES surges 13% as Northeast Frontier Railway ups project estimate to Rs 531.77 cr

    In Q2, RITES bagged over 90 orders, achieving the milestone of securing one order per day and remains confident in sustaining this momentum year-round.

  • Kalpataru Projects bags new orders worth Rs 2,333 crore; share price jumps

    Kalpataru Projects bags new orders worth Rs 2,333 crore; share price jumps

    Kalpataru Projects has secured new orders worth Rs 2,333 crore in transmission & distribution, EPC, and residential building businesses.

  • Gensol Engineering reports order book of Rs 1,783 crore

    Gensol Engineering reports order book of Rs 1,783 crore

    he company has secured an order worth Rs 1,448 crore from Solar EPC (Engineering Procurement Construction, India & Middle East including Scorpius Trackers), a statement said.

  • M&M hits 52-week high on receiving PLI eligibility certificate

    M&M hits 52-week high on receiving PLI eligibility certificate

    The tractor segment is expected to outperform the industry due to its dominant position in the market and extensive reach in rural areas.

  • Jefferies maintains buy rating on L&T; increases target price by 22%

    Jefferies maintains buy rating on L&T; increases target price by 22%

    Jefferies India has affirmed a "buy" rating on Larsen & Toubro Ltd, a leading engineering company in India. The investment bank has raised its target price for the company by 22 percent from the current market price, to Rs 2,650. This upgrade in target price reflects expectations of improved earnings, driven by a robust order book..

  • ICICI Securities starts coverage on Voltamp Transformers, sees 35% upside

    ICICI Securities starts coverage on Voltamp Transformers, sees 35% upside

    Voltamp is a significant player in the transformer manufacturing industry, with a 15% domestic market share as stated by management. They serve diverse sectors, and private customers make up 85% of their revenue

  • Engineers India not scared of recession in West, sees good growth this fiscal: CMD Vartika Shukla

    Engineers India not scared of recession in West, sees good growth this fiscal: CMD Vartika Shukla

    EIL’s order book as of December 2022 stood at Rs 78,656 crore, 57 percent of the company’s order book was made up of consultancy projects while the remaining were turnkey projects, according to an investor presentation made by the company on February 4.

  • Siemens hits Rs 1-trillion market capitalisation for the first time

    Siemens hits Rs 1-trillion market capitalisation for the first time

    Order inflows were robust at Rs 4,992 crore, registering a growth of 20 percent on a YoY basis

  • L&T Q4 Results | Profit misses estimates, EBITDA margin under pressure: Key highlights

    L&T Q4 Results | Profit misses estimates, EBITDA margin under pressure: Key highlights

    Profit was estimated at Rs 3,950 crore on revenue of Rs 53,100 crore for the quarter, according to the average estimates of analysts polled by CNBC-TV18.

  • Record order wins provide fresh impetus to Mphasis’ growth

    Record order wins provide fresh impetus to Mphasis’ growth

    Order inflows in the June quarter are equivalent to 45 percent of the total deal wins in FY21. The strong order wins will help Mphasis overcome revenue deceleration in one large account

  • Sumitomo India’s transformation shows what MNCs can do to their subsidiaries

    Sumitomo India’s transformation shows what MNCs can do to their subsidiaries

    The Indian unit of Sumitomo has received approval to supply 5 proprietary products to parent company. More such opportunities are in the pipeline

  • See FY19 orderbook inflow around Rs 2000-3000 crore: HG Infra Engg

    See FY19 orderbook inflow around Rs 2000-3000 crore: HG Infra Engg

    Harendra Singh, MD, HG Infra Engineering said the order inflow has picked up in Q4 and the trend is likely to continue in FY19.

  • Expect 10-15% higher margin than last year: SPML Infra

    Expect 10-15% higher margin than last year: SPML Infra

    SPML Infra has won multiple orders totalling Rs 250 crore for power and T&D and the margins are likely to be 14-15 percent. The company has bid for projects worth Rs 8,000-9,000 crore in wastewater management across Maharashtra, Gujarat and Delhi

  • Expect 10-15% higher margin than last year: SPML Infra

    Expect 10-15% higher margin than last year: SPML Infra

    SPML Infra has won multiple orders totalling Rs 250 crore for power and T&D and the margins are likely to be 14-15 percent. The company has bid for projects worth Rs 8,000-9,000 crore in wastewater management across Maharashtra, Gujarat and Delhi.

  • Bharat Forge jumps 4% on strong truck orders in North America

    Bharat Forge jumps 4% on strong truck orders in North America

    The company‘s North America truck orders in February stood at 22900, up 28 percent year on year against 17902 units.

  • Kalpataru Power sees 15-20% growth in FY18

    Kalpataru Power sees 15-20% growth in FY18

    Engineering firm Kalpataru Power Transmission Ltd (KPTL) reported a 57 percent jump in its standalone net profit at Rs 57.14 crore in the quarter ended December 31, 2016. The company is confident of 15-20 percent growth next year.

  • Jindal Saw in a sweet spot on good domestic demand, says Grp CEO

    Jindal Saw in a sweet spot on good domestic demand, says Grp CEO

    JSW Saw is in a sweet spot with good visibility in terms of the order book and healthy order execution, says Group CEO Neeraj Kumar.

  • See a pickup in wagon demand in coming years: Titagarh Wagons

    See a pickup in wagon demand in coming years: Titagarh Wagons

    The company currently has an order book of Rs 2,600-2,700 crore of which Indian wagon order stands at a couple of hundred crore.

  • MBL's current order book at Rs 8000cr, to be executed over 2 yrs

    MBL's current order book at Rs 8000cr, to be executed over 2 yrs

    Project bagged expected to increase margin at standalone level, says AK Lakhotia, Chairman and MD of MBL Infrastructures.

  • New orders could be around Rs 1,000 crore, says Man Infra

    New orders could be around Rs 1,000 crore, says Man Infra

    In an interview to CNBC-TV18, Parag Shah, MD of Man Infraconstruction spoke about the new projects and the order book position of the company.

  • BHEL Q1 net jumps 54%, income rises 29%, EBITDA at Rs 71 cr

    BHEL Q1 net jumps 54%, income rises 29%, EBITDA at Rs 71 cr

    According to a CNBC-TV18 poll, BHEL was expected to post weak June quarter. The company was seen reporting net loss at Rs 15 crore in April-June quarter while revenue was likely to be flat at Rs 4630 crore. Its EBITDA loss in Q1 was expected at Rs 205 crore year-on-year.

  • Not heard from govt yet on VSNL land development: NBCC

    Not heard from govt yet on VSNL land development: NBCC

    NBCC has not received any official communication from the government for development of any part of the VSNL land that it plans to demerge in the near future, says Chairman Anoop Kumar Mittal.

  • Q1 output hit by plant repairs, order book healthy: Ador Welding

    Q1 output hit by plant repairs, order book healthy: Ador Welding

    In an interview to CNBC-TV18, Satish Bhat, MD of Ador Welding spoke about the Q1 results and outlook for the company.

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