EMS Q1 results are expected to show moderate growth with margin expansions for companies like Avalon, Cyient DLM, Kaynes, and Syrma.
Margins are anticipated to improve by around 740/20/120/420 basis points year-over-year due to cost rationalization and contributions from high-margin sectors.
PL Capital foresees an increase in the order book for electronic manufacturing services companies, driven by a strategic focus on higher margin sectors, leading to further margin expansion in upcoming quarters.
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