Archive · 2 Jun 2025

ACE Expects Growth, Defence, Exports and Margin at 17-18%

ACE Expects Growth, Defence, Exports and Margin at 17-18%

ACE, a company that makes construction equipment, is doing well.

They expect to keep making a good profit and are working on big projects for the Indian military.

They had a bit of a slowdown because of the recent issues between India and Pakistan, but things are getting better.

They are also planning to sell more products outside of India.

The company's main business is making cranes and other machines for construction, as well as some agricultural equipment.

The company wants to increase exports and has a big order from the defense sector that will help them grow.

Sources