Crisil Ratings says that flattish margins, declining working capital requirements and controlled debt likely to aid credit profiles
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PEB manufacturers are expected to have a 10-12 per cent revenue rise from robust industrial capex and government infrastructure expenditure, as well as continued capacity expansions to meet high demand and manage cost concerns
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The report stated that the revenue of the 25 private aerospace and defence companies will surge by 20 per cent to approximately Rs 13,500 crore during the current fiscal year
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