ICICI Direct: The Anup Engineering - Strong Visibility To Drive Re-Rating

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.The Anup Engineering Ltd., one of the leading process equipment manufacturers in India, is on the brink of setting foot into a higher trajectory by way of debottlenecking its existing capacity and a new greenfield expansion.Anup Engineering has commissioned a new heavy bay in the Odhav facility whereas the first bay of grass root facility in Kheda is expected to get commissioned by September 2021.The new heavy bay at the Odhav facility will enable the Company to execute larger and more complex equipment orders at the said facility.This shows that the management’s target of making the company a Rs 1,000 crore company in the next five years looks within the realms of possibility..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ICICI Direct: The Anup Engineering - Strong Visibility To Drive Re-Rating

ICICI Direct: The Anup Engineering - Strong Visibility To Drive Re-Rating

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