Order Inflows

Naveen Kukreja is stepping down from his operational role at Paisabazaar and will take on a new role as Group President at PB Fintech, with Santosh Agarwal appointed CEO and Neeraj Tripathi as CFO, effective March 1. HCL Technologies has partnered with Children’s Minnesota to enhance operational efficiency and patient care through AI. Tata Power’s solar arm, TP Solar, secured a Rs 632 crore contract from SECI to supply 292.5 MWp DCR solar modules. Transrail Lighting won new orders worth Rs 2,752 crore, pushing its year-to-date order inflows to over Rs 7,400 crore. Meanwhile, GE Power India has received a Rs 273.5 crore contract from Greenko KA01 IREP for a 320 MW unit at Saundatti PSP, building on their previous deal. These developments are expected to drive focus in today's market.

Will Bharat Electronics' annual orders surpass previous record?

The company received orders worth Rs 18,298 crore so far in FY24 against its annual guidance of Rs 20,000 crore

Mega orders of Infosys, HCL should allay insourcing fears of IT investors

Even as global enterprises develop technology capabilities, Indian IT vendors continue to find enough opportunities in the market

Chart of the Day | Steady managed services market counters recession fears for Indian IT

Thanks to a healthy dosage of large deals, the managed services market hit a new high of $10 billion in the June quarter

Power Grid flexes its muscles in competitive bids

The company has won majority of the projects awarded through tariff based competitive bidding (TBCB) in FY23

Capgemini results indicate soft landing for IT services

Capgemini projects revenue slowdown in 2023 but the company continues to see decent order bookings

Accenture results signal more trouble for midcap IT stocks

Smaller deals that have powered Indian IT’s order inflows in recent quarters are seeing a slowdown

The disconnect between macro indicators and IT companies' order inflows

Order inflows increased at IT companies despite a reduction in global spending on IT and business services in the September quarter

The Green Pivot: Thermax’s bet on green energy transition begins to pay off

Thermax’s order book profile underscores its ability to smoothen the green energy transition, at a time when the world is grappling with climate change

The Green Pivot | Inox Wind’s investors are ignoring project execution risks

Risks for the wind power projects remain high. They take longer to execute and face greater operating challenges

IT firms to notch up impressive revenue growth in Q2, focus on order wins

Investors will focus on growth at frontline IT companies and whether the momentum can continue. Many expect Infosys to raise its revenue growth guidance

Capital Goods | Steady orders, enquiries drive positive outlook for companies

While order inflows gathered pace at Siemens, bookings rose for the second consecutive quarter at Thermax

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.

Bharat Forge down 4% on fall in North America order inflows

"Order inflows for class 8 trucks in North America (preliminary data as per Freight Transportation Research) declined 25 percent year-on-year to 19,625 units in June 2015. This is the fourth consecutive month of decline – order inflows fell by 9-23 percent Y-o-Y over the March-May 2015 period," said Nomura in its note.

Macquarie retains underperform on BHEL, wary of order flow

The brokerage has slashed earnings by 17-35 percent for FY15-16 mainly due to lower revenue growth and EBITDA margin.

Expect govt order inflow to start only next year: HCC

Praveen Sood, CFO of HCC says profitability margins are coming from efforts to bring down costs. The company is seeing order inflow momentum only in the road sector as of now.

Despite scaledown, L&T order inflow guidance healthy: Kotak

At the moment Lokesh Garg of Kotak Institutional Equities feels that the stock is trading at fair value. His price target is Rs 1,000.

L&T attractively priced; see valuation woes ahead: Religare

Concern could come in on the valuation side which is a function of how generally the market and the macro economy evolve from current levels. Comparing the last six-seven years, margins are close to the bottom level. So scope for disappointment is minimal from these levels.

BHEL earnings cut by 10%; see OPM at 14-15%: Macquarie

Due to project delays pressurizing BHEL’s operating margins, Macquarie Capital Securities cuts earnings estimate for the capital goods major by 10% and says the decline could continue for two consecutive years.

It's tough times for cap goods till FY14: Thermax

Speaking to CNBC-TV18, MS Unnikrishnan, managing director of Thermax agrees that the industry is seeing a slowdown in order inflows. In fact, going ahead too, the situation remains grim according to him.

Pain not over yet for the cash-strapped infra pack: Experts

The infrastructure sector seems to be building itself a tower of troubles. Not only are projects suffering due to a cash-crunch and waning investment sentiment, investors seem to be losing interest in the company stock too! Priyanka Dalmia of CNBC-TV18 has a report.