Average results though their continuous improvement in food processing is good to see. They need to improve their operational efficiency though.
Garware Technical Fibres
Average results. One would have expected some improvement but it seems the smart meters work has not taken off from the Govt level but the goverment has already indicated their intention of converting to smart meters in next 3 years and if there’s one thing we know about this Govt. is execution and therefore, even though the work might get delayed a bit i wouldn’t worry too much here. In the past AMTL has already shown how fast their revenues scale up once there’s work tendered and as and when the next phase of smart meter conversion work picks up this again will be biggest beneficiary (as the company is one of the only companies specializing exclusively in smart meters).
Average results. Still waiting the start of their project execution.
God Bless !!!