Going through the interview of the promoter, it is very confusing. On the one hand he is expecting margin of above 25% , on other hand he intends to go for road and bridge projects. Everyone knows that here the competition is intense and there are very seasoned promoters with proven track record competing in this field. And because of this margin is under the squeeze here. That is the reason for which many established hands in this sector are going slow on aggressive bidding. So going will not be easy for new promoters in this field. I would expect the company to concentrate on its core competence and as such there is huge opportunities in water and related sector. This is my belief.
| Subscribe To Our Free Newsletter |
