We may not have exact understanding of sale . But the sector looks in strong momentum technically and fundamental . With 3000 cr bid pipeline we may be in for a strong order flow going forward ( my views ). Company has invested significantly over the years and this reminds me of HBL Power story where the investment was done in priori years and company could capitalize on investment done. Which gets difficult for new player as it would demand considerable time and effort.
Management view of 1500 cr topline in 2-3 years provide some visibility to earning. This could significantly get better as well ( but lumpy )
Even capex spent by govt in last 6 month have been slow and that shud pick up going forward.
Overall the sector will have to evolve to take better decisions / geo data based decision by govt / companies.
Invested lately with decent allocation. Consider a high risk play due to govt order flow . Plan to add more with more order flow. Personal view only
| Subscribe To Our Free Newsletter |
