The company is set to benefit from ongoing project deliveries and is aggressively bidding for new orders
Easing of bidding norms to encourage greater participation by private firms had seen relatively smaller companies come in at competitive prices
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 has secured new orders worth Rs 2,333 crore in transmission & distribution, EPC, and residential building businesses.
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.
The tractor segment is expected to outperform the industry due to its dominant position in the market and extensive reach in rural areas.
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..
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
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.
Order inflows were robust at Rs 4,992 crore, registering a growth of 20 percent on a YoY basis
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.
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
The Indian unit of Sumitomo has received approval to supply 5 proprietary products to parent company. More such opportunities are in the pipeline
Harendra Singh, MD, HG Infra Engineering said the order inflow has picked up in Q4 and the trend is likely to continue in FY19.
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
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.
The company‘s North America truck orders in February stood at 22900, up 28 percent year on year against 17902 units.
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.
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.
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.
Project bagged expected to increase margin at standalone level, says AK Lakhotia, Chairman and MD of MBL Infrastructures.
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.
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.
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.
In an interview to CNBC-TV18, Satish Bhat, MD of Ador Welding spoke about the Q1 results and outlook for the company.