is involved in telecom equipment, OFC, and defence electronics. It gains from BharatNet, 4G/5G build‑out, and PLI‑linked localization. Order book includes both domestic and export deals in optical and radio products. Risks are project delays, margin pressure on large orders, and high receivables.

#TechnicalViews#FundamentalViews#WatchOutFor#EquityResearch#Miscellaneous

2 likes