The company has had tough time in growing its revenue for last few quarters. Orderbook (which is a leading indicator) has largely remained flat over the last 4-6 quarters while other companies in the sector are seeing continuous increase. Further, 50%+ of the current orderbook is developmental orderbook which usually has much longer delivery timelines.
While the current price levels look interesting, wondering if the company has the ability to leverage sectoral tailwinds and keep growing faster than the market.
| Subscribe To Our Free Newsletter |
