Capital Goods Companies

Elara Capital expects its capital goods universe to clock 12 per cent sales growth in Q3, while consumer electricals and durables are seen growing 22 per cent Y-o-Y

Motilal Oswal analysts see sustained demand visibility for transmission EPC companies such as KPIL and KEC, aided by large-scale projects, international opportunities & improving margin prospects.

The government is likely to miss its capex target in FY25, according to RE of Rs 8.2 trillion, lower by 8.3 per cent compared to budget estimates or BE

RVNL, Bharat Dynamics, Hitachi Energy India, Siemens, ABB India, Titagarh Rail Systems, CG Power and Industrial Solutions, Bharat Electronics and L&T down in the range of 5 per cent to 10 per cent.

Benign raw material costs, execution of healthy order book to aid growth, say analysts

Cheaper raw material, lower freight costs, better supply chain management to help sector: Analysts

Revenue growth estimates have moderated post Q2 but the bottom may be close

Key monitorables include tender pipeline and emerging supply-chain scenario, say analysts and players

Signs of renewed capex and improving margins; high inflation, supply-chain disruptions and black-swan events among risks

The S&P BSE Capital Goods Index hit a 52-week high of 18,252 on Monday

On a weekly chart, L&T faces resistance at Rs 1,165 levels, which is its 200-weekly moving average (WMA)

Coping with Covid: Shorter credit-cycle deals, bank guarantees on pro-rata basis the new norm

Even though it was better than what analysts had expected, it still paints a bleak picture.

Here are trading strategies for key capital goods stocks in a volatile market

Edelweiss in a note dated May 15 says that the recovery in capex is pretty broad