Apart from expenditure on research and development, the company plans to expand its manufacturing presence in the aerospace supply chain through greenfield expansion or acquisition
The existing shareholders of the Rossell Techsys would hold the shares of two listed entities after the scheme became effective; giving them flexibility in managing their investments in the two businesses having differential dynamics.
Aashish Tater of fortunewizard.com is of the view that Rossell India can give more than 20 percent compound annual growth rate and expects the stock to hit Rs 160.
In an interview to CNBC-TV18 Aashish Tater of fortunewizard.com shared his reading and outlook on the market.
Rossell Techsys (Division of Rossell ...