I feel Sanghvi has become a good value buy now. You are getting the largest crane rental company in India at 3500 cr mkt cap. With 500 cr+ orders in hand and extrapolating their order book to execution in FY 24 easily 800 cr top line is doable . Yes Q2 will also be sluggish ( As we are already in August and mgmt has a fair idea ) , but looking at the bigger picture of infra growth, Sanghvi exploring adjacencies etc , I think it’s a good value buy now.
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