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Simplex Infrastructures Ltd.
21 Nov 2018, 12:00AM
289.05
-1.60%
Kotak Securities
Simplex Infrastructure results for Q2FY19 were lower than our expectations on revenues and profit front. Margins stood in line with estimates. Order inflow was weak during the quarter but is likely to improve going forward. Execution is also likely to ramp up in H2FY19. Revenue growth of 27% YoY was lower than our estimates but is likely to improve in coming quarters. Margins witnessed a decline on YoY basis but improved...
Simplex Infrastructures Ltd. is trading below its 100 day SMA of 289.2
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