Motilal Oswal
Order awards in March, 2016 at INR289b (-7% YoY, +85% MoM) v/s average levels of INR196b in the last 12 months and were supported by finalization of large size projects, especially in power generation, railways and buildings and factories segment. Ordering activity has also witnessed improved traction in base (INR15b) on MoM basis. The key contributing segments include Power Gen (INR67b), Railways (INR53b), buildings...
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