Target to keep order book at 2.5x by end of FY18: Sunil Hitech

Sunil Gutte

MD | Sunil Hitech Engineers

• Target to keep order book at 2.5x by end of FY18: Sunil Hitech

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In an interview to CNBC-TV18, Sunil Ratnakar Gutte, MD of Sunil Hitech Engineers spoke about allotment of warrants to promoters and non-promoters and his outlook going ahead.

Gutte said promoter stake to go up on account of warrant issues.

Won't need additional funding post this warrant issue, he added.

Talking about business, he said would raise debt or equity depending on business need, going ahead.

Hoping to win Rs 1,000 crore worth of order this quarter, said Gutte.

Target to keep order book at 2.5x by FY18 end, he mentioned.