- 11 Nov 2021
- ICICI Securities
Action Construction Equipment receives order from DHBVN
ACE - 209 Change: 0.50 (0.24 %)News: Action Construction Equipment has received order for supply of 55 truck mounted multifunction machines to Dakshin Haryana Bijli Vitran Nigam (DHBVN) for a total consideration of ~Rs. 23.30 crore
Views: ACE qualified by proving the capability of the multifunction machines through comprehensive testing under the "Make in India" and "AatmaNirbhar Bharat" initiatives of our Government. This new order and expertise in this field will help ACE in increasing its revenue from Material Handling segment in coming quarters thus helping the company to achieve its 20-25% CAGR revenue growth target for the next two to three years.