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TURNKEY PROJECT REVENUE
Leapfrog Engineering Services IPO: Check GMP, price band, subscription and other detailsThe IPO comprises a fresh issue of 3.46 crore shares aggregating Rs 79.6 crore and an offer for sale of 38.76 lakh shares worth Rs 8.91 cro...
Suzlon Energy shares rise 2% after firm announces foray into solar, battery storage businesses under 'Suzlon 2.0'Suzlon Energy shares gained on Thursday after the company unveiled its ‘Suzlon 2.0’ strategy, expanding beyond wind energy into solar and b...
Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
SW Solar shares rally 17% after Rs 3,500 crore order from Coal India. Check detailsShares of Sterling and Wilson Renewable Energy Limited surged 17% after securing a Rs 3,490 crore solar EPC order from Coal India Limited, ...
Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
Om Power Transmission shares list at up to 6% premium over IPO price on NSE, BSEOm Power Transmission shares debuted on D-Street on Friday, April 17. The stock listed at a premium on both NSE and BSE, aligning with grey...
Om Power Transmission IPO allotment: How to check status online, GMP, and listing outlookOm Power Transmission’s ₹150 crore IPO allotment was finalised on Wednesday after a modest 3.33x subscription, led by stronger HNI particip...
EIL Q3 profit soars over 3x YoY to Rs 302 croreState-owned Engineers India Ltd (EIL) reported an over 3-fold on-year jump in net profit to Rs 302 crore for the third quarter ended Decemb...
PM Modi to inaugurate power distribution projects worth Rs 1,122 crore in GujaratPrime Minister Modi is set to visit Gujarat on August 25 and 26 to inaugurate and lay the foundation for development projects in power dist...
Deepak Builders shares list at 1.5% discount over IPO priceDeepak Builders Share Price: Deepak Builders and Engineers shares debuted on the NSE at Rs 200, slightly below its issue price of Rs 203. T...
Deepak Builders and Engineers to launch IPO on October 21, fixes price band. Check detailsThe IPO of Deepak Builders and Engineers will open for subscription on October 21 and close on October 23, with a price band of ₹192-203 pe...
HVAX Technologies stock debuts with 6% premium on NSE SME platformHVAX Technologies' shares debuted with a 6% premium on the NSE SME platform, listing at Rs 486 against an issue price of Rs 458. Funds from...
Our focus is on growth of core EBITDA on a steady basis: Rahul MithalOur order book as it stands on 30th September was Rs 5000 crores. Out of that consultancy component was Rs 2400 crores and turnkey was Rs 2...
RITES's turnkey revenue rose almost 71% this quarter: Rajeev MehrotraThe railways sector broadly would be only about 65% of our revenue. We already have an active presence in metros, airports and highways. Th...
Buy Engineers India, target Rs 158: Reliance SecuritiesBuy Engineers India at a price target of Rs 158.
Have achieved EBITDA margin of 10.5% in actual terms: Anil Gupta, CMD, KEI IndustriesAnil Gupta, CMD, KEI Industries, says that they have bagged significant amount of contracts from some states for turnkey execution in the l...
Overseas consultancy business grew by 35% in FY13: AK Purwaha, Engineers IndiaAbout 85% of the order book is coming from the hydrocarbon vertical and about 15% is coming from the non-hydrocarbon vertical, says AK Purw...
- Engineers India: Turnkey projects bring margins under pressure
While the consultancy business earns the company margins of over 40%, in case of turnkey projects, margins are as low as 10%.
- Revenue strong on seven turnkey projects, consultancy: Engineers India
In an interview with ET Now, AK Purwaha, CMD, Engineers India Ltd, expressed his views on company's performace. Excerpts:
- Time ripe to clear the mess of service tax laws
Service tax on turnkey contracts & taxation of oil field ops are examples of the directionless policymaking.