1057.2000 6.70 (0.64%)
NSE Jul 02, 2025 15:31 PM
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Ador Welding Ltd.
11 Aug 2016
1057.20
0.64%
Karvy
Banking on Revival in Domestic Demand Environment: Surge in domestic industrial activity complemented by adequate capacityheadroom - Growth in investment activities and increased investments in key sectors like power, steel, construction, infrastructure and cement are giving an optimistic outlook for future. We believe the Gross Fixed Capital Formation (GFCF)to GDP to improve to over 33% by FY17E; also AWLs current capacity utilization levels of ~ 65%-70% leave enough headroom to sustain the anticipated increase in demand. We expect the capacity utilization rates to surge up to ~ 80%-85% by FY18E to aid revenue to grow at 7.5% CAGR for FY16-18E.
Ador Welding Ltd. has gained 24.37% in the last 3 Months
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