Deep Industries Share Price Rockets: Here’s What The Management Has To Say
Management interview:
- Revenue to grow at 35% CAGR over 3-4 years
- Blended EBIDTA margin to remain stable
- ONGC contract of INR 1402 crores: target to complete it within 10 years [instead of 15 years contract tenure]
To monitor:
- additional order wins [not factored in revenue guidance of 35%]
- margin in ONGC contract
- competition in the space from the likes of RBM infra [won a much larger order of INR 3,500 cr from ONGC]
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