The company anticipates order inflow of around Rs 70,000 crore over the next two years compared with the previous forecast of Rs 50,000 crore. The revised outlook reflects a new order prospect of Rs 30,000 crore for the Quick Reaction Surface to Air Missile (QRSAM) from the Army and Air Force, expected to materialize in the next fiscal year.
Stocks to buy: Trent, ITC and Hero MotoCorp on investors’ radar
Benchmark indices dropped in a volatile session as investors grew cautious ahead of the RBI’s monetary policy decision. Trent fell slightly, ITC declined by 1.5%,