The stock has not performed well in the last month or so but I think that is true of the sector in general. As far as the order position currently goes this year we have already added 1000 crore of orders this fiscal to date plus we as a lowest bidder in another 500 crore of orders which we expect to materialise shortly.
In addition to that we are also bidding on an ongoing process for around 2000 to 3000 crore of bids per month. So we do expect that in the next 3 months we should be able to significantly cover up our order book position and as of now the order book stands at Rs 3835 crore which is more than 2.5 times of revenues for us. So we are fairly comfortable in terms of our order book position currently and given the visibility that we have as I mentioned the lowest bids plus the new bids that we keep putting in we are fairly confident of keeping up the fresh order inflow position.
In addition to that we are also bidding on an ongoing process for around 2000 to 3000 crore of bids per month. So we do expect that in the next 3 months we should be able to significantly cover up our order book position and as of now the order book stands at Rs 3835 crore which is more than 2.5 times of revenues for us. So we are fairly comfortable in terms of our order book position currently and given the visibility that we have as I mentioned the lowest bids plus the new bids that we keep putting in we are fairly confident of keeping up the fresh order inflow position.
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You have to think antway, so why not think big ?
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