positive
Recently
Overseas project wins strengthen PSU engineering outlook
Overseas contracts are improving revenue visibility for PSU engineering firms amid fluctuating domestic capex cycles.
International project wins are emerging as an important growth driver for Indian PSU engineering companies. Contracts such as the Dangote refinery expansion enhance order books and diversify revenue sources beyond domestic projects. Analysts believe global exposure can support earnings stability during uneven domestic capex cycles. Execution capability and currency management will remain critical for sustaining profitability.