Volvo Buses India bags largest-ever order for 200 buses from MSRTC
A order wins & contracts development with market-wide reach.
· BS Companies
Volvo Buses India on Wednesday said it has secured an order from the Maharashtra State Transport Corporation (MSRTC) to supply 200 buses, including 30 sleeper buses. The order is the single-largest for Volvo Buses in India and marks a significant commitment to strengthening premium intercity public transportation in the state, the company said.
The analysis
A large order lengthens revenue visibility, which is what the market pays a premium for in capital-goods and infra names.
Market context
- Sector exposure: Transport & Logistics.
- The immediate tone of coverage reads positive.
In this story
Transport & Logistics