The company had outstanding orders of ₹828 crore as of December 2023, up 47% from FY23, driven by a strategic shift towards the oil and gas sector and pricing advantages over rivals. This resulted in a bid-to-win ratio of 46-81% over the last four years.
Retail investors now the smart money, HNIs more prone to panic: Sandeep Tandon
Quant Mutual Fund’s CIO, Sandeep Tandon, anticipates India’s PE multiple to remain elevated until 2047, driven by a demographic peak and a shift in investor