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  • Road machinery, material handling biz picking up: ACE

    In an interview to CNBC-TV18, Sorab Agarwal, ED of ACE spoke about the results and his outlook for the company.

  • Expect margin to hit 7.5-8% by end of FY17: Action Construction

    Expect margin to hit 7.5-8% by end of FY17: Action Construction

    Speaking to CNBC-TV18, Sorab Agarwal, ED of Action Construction Equipment said that he expect to maintain the current momentum in earnings.

  • See incremental rise in rev, margins at 5.5% levels: ACE

    See incremental rise in rev, margins at 5.5% levels: ACE

    Sorab Agarwal, ED, Action Construction Equipment is confident of the company‘s profit margins staying at 5-5.5 percent EBITDA levels. In addition, he sees an incremental rise in its revenues hereon.

  • Action Construction denies talks of stake sale to L&T Cap

    Action Construction denies talks of stake sale to L&T Cap

    Sorab Agarwal, managing director, Action Construction Equipment, denies the news that L&T Capital is planning to acquire stake in the open market of Action Construction Equipment (ACE).

  • ACE may take Rs 20-30cr debt if Chinese acquisition happens

    ACE may take Rs 20-30cr debt if Chinese acquisition happens

    Action Construction Equipment (ACE) is in advanced talks to acquire a Chinese company. The cost of this acquisition would be around Rs 40-50 crore. Sorab Agarwal, managing director of the company, in an interview with CNBC-TV18's Latha Venkatesh and Gautam Broker, mentioned that the Chinese company is in the similar trade as ACE.

  • ACE Construction targets 40-45% sales growth in FY12

    ACE Construction targets 40-45% sales growth in FY12

    Sorab Agarwal, Managing Director of the company, in an interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar, said that the last year was very good for the company and expects a topline growth of 40-45% this year.

  • ACE eyes 90% profit growth in FY11

    ACE eyes 90% profit growth in FY11

    In an interview with CNBC-TV18, Sorab Agarwal, MD, Action Construction Equipment (ACE) says, this year has been pretty good for the company. “We should be exceeding 50% top-line growth and bottom-line growth should be around 90% by end of March,” he adds.

  • Confident to see FY12 top line grow by 45-50%: ACE

    Confident to see FY12 top line grow by 45-50%: ACE

    Sorab Agarwal, the Managing Director of ACE, in an exclusive interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar, says that the company is confident to see a top line growth of 45% to 50% in FY12.

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