AXISCADES Engineering Technologies , a niche engineering precision technology player, has signed memorandum of understanding (MoU) with ASSYSTEM, one of the top engineering services companies in the world.
AXISCADES Engineering Technologies , a niche engineering precision technology player, has signed memorandum of understanding (MoU) with ASSYSTEM, one of the top engineering services companies in the world for collaboration to deliver enhanced values to Airbus Group. Sudhakar Gande, Group Vice Chairman, AXISCADES Engineering Technologies speaks about the deal and its impact on the compaby going forward In an interview to CNBC-TV18.
Gande said the sector in which the company operates has a lot of potential in the coming three-four years. He sees the listed entity clocking a revenue of Rs 300 crore this year and earnings close to 20 percent with repeat clients.
Below is the transcript of Sudhakar Gande'sinterview with CNBC-TV18's Sonia Shenoy and Ekta Batra.
Sonia: What exactly the opportunity is for the company in the aerospace vertical?
A: Basically we are a niche engineering precision technology company focussing on aerospace defence sector and working with global Original equipment manufacturers (OEMs) etc. This entire spectrum is like what has happened to software 20 years back, in the coming years this sector is going to have a very high kind of growth from the next decade or so, particularly in the next three to four years we see a lot of opportunities in this sector, that is one.
In this memorandum of understanding (MoU) we have signed with a company called ASSYSTEM which is possibly among the top three in the world on engineering services and it is a 45 year old company with about 11,000 employees. This has been advised by Airbus that we should work with them so that our expertise in the Indian market as well as global market along with ASSYSTEMS will form a very formidable combination to cost optimise to Airbus.
AXISCADES Engg stock price
On February 20, 2015, at 14:13 hrs AXISCADES Engineering Technologies was quoting at Rs 241.10, up Rs 1.30, or 0.54 percent. The 52-week high of the share was Rs 253.90 and the 52-week low was Rs 37.60.
The company's trailing 12-month (TTM) EPS was at Rs 4.95 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 48.71. The latest book value of the company is Rs 28.35 per share. At current value, the price-to-book value of the company is 8.50.
Anda sedang membaca artikel tentang
Revenue will cross Rs 300 cr this year: AXISCADES Engg
Dengan url
https://kesehatanda.blogspot.com/2015/02/revenue-will-cross-rs-300-cr-this-year.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Revenue will cross Rs 300 cr this year: AXISCADES Engg
namun jangan lupa untuk meletakkan link
Revenue will cross Rs 300 cr this year: AXISCADES Engg
sebagai sumbernya
0 komentar:
Posting Komentar