H1-24 carries forward the momentum of FY23. Avantel grew 2X in H1-24 compared to H1-23. However, management commentary is not very encouraging & orders in hand have reduced as of end of Q2-24
Avantel: 49-72% PAT growth in FY24 at a PE of 66
Avantel: 49-72% PAT growth in FY24 at a PE of…
Avantel: 49-72% PAT growth in FY24 at a PE of 66
H1-24 carries forward the momentum of FY23. Avantel grew 2X in H1-24 compared to H1-23. However, management commentary is not very encouraging & orders in hand have reduced as of end of Q2-24