251.9500 -0.30 (-0.12%)
NSE Mar 13, 2025 15:31 PM
Volume: 41,440
 

251.95
-0.12%
ICICI Securities Limited
Execution continues to remain muted due to elevated debtors SIL has secured | 1,122 crore worth of orders in Q1FY20 and has an order book worth | 15,347 crore as of Q1FY20. The present OB implies 2.7x order book-to-bill ratio on FY19 revenues. Despite this, execution remains slow on account of SIL facing issues related to the old debtor's recovery. As per the management, there was a shortfall in revenues by ~| 2,000 crore in FY19. Pending debtors and client-related issues contributed ~60% to this shortfall. The company has been focusing on improving internal operations and...
Simplex Infrastructures Ltd. has lost -25.85% in the last 3 Months
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