Capital Goods Sector

Analysts at UBS said that L&T's strong order cycle and robust execution should lift margin prospects going ahead

US debt-ceiling worry weighs on market, stock picking key in capital goods | Market Minutes

In this episode of Market Minutes, Asha Menon talks about the markets reaction to the debt-ceiling worries and Street-estimate-lagging results from pharmaceutical major. Also, catch Pratik Kothari, Investment Analyst at Unique Asset Management, telling us why capital goods sector is looking promising and why stock-picking is important while looking for winners here. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends (with inputs from Shivam Shukla).

Underweight on IT sector because of exposure to Europe, US: Aniruddha Sarkar of Quest Investment

The portfolio manager is overweight on industrials including capital goods, defence, energy and autos.

Capital goods up for a big lift as government, India Inc go aggressive on capex

There are two core drivers of capex in the near term — the National Infrastructure Pipeline (NIP) and capex plans of the private sector driven by multiple sector-specific factors.

Banking, auto and capital goods can be the new pack of wolves for the next 3 to 5 years, suggest PMS AIF thought leaders

Growth in capex in the coming years will be driven by data centres, renewable energy, robotics & automation, and efficiency-driven capex.

3 Point Analysis | Auto, capital goods to gain from shift of supply chains from China

The shift is expected to lead to a wave of efforts across sectors aiming at backward integration and import substitution

3 Point Analysis | Budget 2019: Eye capital goods space

Moneycontrol's Sakshi Batra does a 3 Point Analysis of what measures the government can announce in next week's Union Budget

Budget 2016: Aim to create ecosystem for electronic hardware mfg, says Adhia

Revenue Secretary Hasmukh Adhia also says the Finance Bill will lay retrospective tax resolution process into a law

Is the tide turning for the capital goods sector?

The BSE Capital Goods Index has risen 18.10 percent in the past six months, compared to a 0.4 percent increase in the Sensex during this period.

KEC, Kalpataru Power, Techno Electric top picks: PLilladher

Prabhudas Lilladher has come out with its report on Capital Goods sector. The research firm's preferred picks in T&D are KEC (Accumulate), Kalpataru Power (Accumulate) and Techno Electric (Not rated) in EPC space and Alstom T&D in Equipment space.

Expect ABB, Siemens, Alstom T&D, Crompton to benefit

Prabhudas Lilladher has come out with its report on capital goods sector. The research firm expects local players like ABB, Siemens, Alstom T&D India and Crompton Greaves to benefit.

Prefer infrastructure stocks: Amit Dalal

Amit Dalal, ED at Tata Investment Corporation prefers infrastructure stocks.

Focus on cos with low leverage in cap goods: Reliance MF

With the US Fed deferring its tapering plan, and causing FIIs to park their funds in emerging markets, of which India was a big beneficiary; and domestically, the rupee stabilising at 61-62/ USD, along with a reasonably good earnings season, the rally was justified, says Sunil Singhania, head-equities, Reliance Mutual Fund.

Capital goods cos must focus on exports: BHEL

Speaking to CNBC-TV18 on his outlook for the sector, K Ravi Kumar, ex chairman, Bharat Heavy Electricals Limited (BHEL) says the export space is more lucrative for companies than Indian markets as there is more demand for gas turbines, heat recovery steam generators, etc.

JSW Steel, MISI JV to start steel processing centre in Pune

JSW Steel on Tuesday said that it will set up a steel processing centre in Pune. It will along with its joint venture partner Marubeni Itochu Steel Inc.

Cap goods-Interest costs to continue to mar PAT:ICICIdirect

According to ICICIdirect.com, the current macroeconomic backdrop (high CAD, volatile currency depreciation and resultant inflationary expectation) will restrict the RBI from further loosening up interest rates in FY14. This will accentuate problems for capital goods companies.

Subbarao has hit the nail on its head, says Ambit's Wadhwa

In an interview to CNBC-TV18, Ashok Wadhwa, Group CEO of Ambit Holdings spoke about his reading of the latest RBI credit policy and the road ahead for the Indain economy.

Don't buy capital goods space, says Ajay Srivastava

Dimensions Consulting's CEO Ajay Srivastava said one should not buy capital goods space as the demand is contracting.

Soft capex dent cap goods Q3: Kotak tells you why

From the sidelines of Kotak Institutional Equities and global investor conference, Lokesh Garg who tracks the capital goods space shared is readings and outlook on that space in an interview to CNBC-TV18.

Budget 2013-14: Praful Patel seeks sops to boost capital goods sector

In an exclusive to CNBC-TV18, Union minister of heavy industries Praful Patel sought sops in the Budget to revive the capital goods sector in a letter to the Union finance minister.

Prefer Crompton Greaves over Siemens, ABB: Motilal Oswal

Motilal Oswal has come out with its report on capital goods sector. The research firm remains neutral on the T&D sector, with preference for Crompton Greaves over Siemens /ABB.

Industrial growth slows to 4.1% in Feb

Showing persistent sluggishness in the economy, industrial production growth slowed to 4.1% in February this year, mainly due to poor performance of manufacturing sector and consumer goods segment.

See capital goods sector revenue to grow 10.9% in Q4: Angel

Angel Broking has come with its quarterly earning estimates on capital goods sector for March 2012. The research firm expects, companies in capital goods (CG) universe to post average top-line growth of 10.9%.

Capital Goods' underperformance may continue: P Lilladher

Prabhudas Lilladher has come with its March quarterly earning estimates for capital goods sector. As per the research firm, the end of tightening cycle and meaningful reforms will be the key for the sector to move from underperformance to outperformance.