As a subsidiary of the Ministry of Railways, Ircon plays a vital role in developing critical railway infrastructure across India.
BMW, Mercedes, and Audi all have record sales in first half of 2023.
Several players such as EESL (PWGR-NTPC JV), TPWR, Genus Power, HPL Electric, etc. are eyeing this business opportunity from pick up in smart metering activities.
The "Innovation Pavilion," located within the Mahatma Mandir Convention Centre, includes a movie that explains the various aspects of these two ventures.
Strong show on volumes to drive overall performance
Recommendation: Reduce; Target Price: Rs 630
Recommendation: Buy; Target Price: Rs 5200
Healthy growth, profitability expected
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