Analysis: Revathi Equipment India Ltd.

NSE:RVTH Engineering - General Market cap: ₹221 cr

Research report

companyname: RVTH ticker: RVTH sector: Not classified Revathi Equipment India Limited manufactures blast hole drills for surface mines. When a mine wants to extract coal, iron ore, limestone or copper from an open pit, it first drills holes into the rock, fills them with explosives, and blasts. Every tonne of ore that comes out of an Indian surface mine sits downstream of the kind of machine RVTH builds in Coimbatore. The company has supplied more than 2,000 drills since the original Revathi Eq...

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RS rating: 61 Stage: Stage 2

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