Triveni Turbines Ltd – High Quality Engineering Play?

@Chandragupta

1. Can you provide what could be the total market opportunity for Triveni Turbines until 100 MW?

2. Any international company (either listed or not) to compare Triveni with?

3. As per Nikhil, the market reduced from 4750 crore to 750 crores in the last decade. While one positive is the company grew moderately despite this, however, how deep is the cyclicality of this business? Any companies with 1 billion dollar order book?

4. What’s your opinion on renewables opportunity? Qualitative & quantitative inputs please?

Thanks.

Disclosure: Bought today as part of trading opportunity - All time high close. However, fundamentally looks promising if Capex recovery plays a la 2003-2007, so studying further to build better position if I can get a grasp on fundamentals.