Tega Industries wins ₹126 crore order....

Tega Industries has secured an order worth ₹126 crore while also raising ₹95.40 crore through a preferential issue, according to reports on September 21. The order adds fresh business visibility for Tega Industries and is separate from the capital raised through the preferential issue. The combination makes execution and deployment of capital important factors for investors to track. The key question is whether the new order converts into revenue and cash flow as expected. Further order wins, execution progress and the use of the ₹95.40 crore capital will provide more evidence about the company's growth trajectory. What to watch: Order execution, cash-flow conversion and capital deployment.