finquestgroup

Hydraulic crane

We expect ACE to end FY11E and FY12E with net sales of ~INR 6,539 mn and ~ INR. 9,462 mn respectively. Increase in Market share and New product Introduction. ACE enjoys ~50% market share in pick and carry cranes, mobile tower cranes and fixed tower cranes. For mobile cranes, ACE has a market share of 52% and ...

finquestgroup

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