“I believe that from Q4 of the current year, the mix of orders that we are executing will become a little more biased towards better priced contracts. So to that extent, the last quarter of the current year and the next four quarters of the following year should indicate improvement in our margins.”
Understanding the high EV to MCAP Ratio
The EV to MCAP ratio assesses a company’s valuation by factoring in debt and cash reserves. A high ratio signals high leverage or strong cash