Capital Goods Sector – T&D – Expect pick up in TBCB awarding! – Prabhudas Lilladher Ltd

Prabhudas Lilladher

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Source: Prabhudas Lilladher Ltd We expect uptick in tender pipeline from traffic based competitive bidding project (TBCB) with 8‐10 projects lined up for bidding over next 6‐8 months, our interaction with companies in the Transmission & Distribution segment also share optimistic view on ordering pipeline. The commentary suggests that this…

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