Stock ascending triangle pattern breakout
Order Book
Company expects to obtain orders from Tata Steel Ltd on a quarterly basis, where payments are based on buy-sell model and realized in proportion of sales made.
AEL has an unexecuted order book value of Rs. 3,638 million for FY24, out of which Rs. 2,608 million (72%) is towards Andhra Pradesh Education and Welfare Infrastructure Development Corp and Telangana State Education Women and Infrastructure Development Corp building doors, steel windows, green chalk boards, RO plants and dual desks. TSL accounts for 17.5% of the total order book of Rs. 63 million
Order Book
Company expects to obtain orders from Tata Steel Ltd on a quarterly basis, where payments are based on buy-sell model and realized in proportion of sales made.
AEL has an unexecuted order book value of Rs. 3,638 million for FY24, out of which Rs. 2,608 million (72%) is towards Andhra Pradesh Education and Welfare Infrastructure Development Corp and Telangana State Education Women and Infrastructure Development Corp building doors, steel windows, green chalk boards, RO plants and dual desks. TSL accounts for 17.5% of the total order book of Rs. 63 million