Commenting on the performance of the Company, Mr. Harish Mehta (Executive Chairman of the company) said “I continue to see positive momentum across all our business lines & particularly happy to note the strong sales growth in India & Europe regions. We also accelerated our CAPEX investments in this quarter to gear up for 2017 & beyond. Our focus over the next few months is to to upgrade & automate many of our internal functions to serve our customers better. ”
Highlights from the Quarter (Q2 FY 17):
About Onward Technologies Limited
Onward Technologies Limited is a global player in Mechanical engineering design and IT consulting services. The Company is listed on both Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India under scrip code: BSE: 517536, NSE: ONWARDTEC.
Onward Technologies Limited offers a range of engineering design services including product design, engineering analysis, engineering documentation and maintenance, and manufacturing solutions for automotive, off highway, aerospace, industrial equipment and consumer goods.
Onward Technologies Limited has its footprints with operations in India, North America, Germany & UK. Its global design & delivery centres are present in Mumbai, Pune & Chennai. OTL has grown to 2200+ employees globally servicing Fortune 1000 companies.
The Company is listed on the following stock exchanges under the ISIN INE 229A01017:
BSE Limited: Scrip Code: 517536
National Stock Exchange of India Limited: Scrip Code: ONWARDTEC
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