Company hasn’t won any big orders recently and the MH order will keep exhausting. Probably the reason why the guidance of 30% increase in topline with results frontloaded in q1 and q2.
Morever, there were a few tenders of KUSUM C which they did not win. So management commentary would be vital. The PE looks optically lower if 30% topline growth target for the FY YoY is maintained.
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