Innovalues, the maker of car (AU) and office mechanization (OA) parts, is on track to achieve a 10-12% ascent in FY16-17 deals with gross edge change of up to 32%, says CIMB expert Ngoh Yi Sin in a Wednesday note.
CIMB's business development estimate is driven by more grounded interest for weight transducers from Sensata and higher offers of VW autos in China. New client, Cummins, could likewise turn out to be more huge from FY18 onwards.
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