I just watched the AGM. Though couldn’t really discern anything much from the last AGM , as the promoter said they can’t disclose their order books in view of competition.
However , w.r.t the capex only discernible takeaway could be him saying that company CU is currently at 90 percent utilisation, which may say that capacity augmentation would lead to more order implementation as the restrain in capacity might be causing a bit of constraint in terms of taking on or committing to increased orders.
Can anyone shed light on order/demand situation currently for the industry ?
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