 "gear line, manufacturing, economy, growth, PMI")
Can the capital goods sector finally move into a meaningful upcycle as inflation eases and global supply chains adjust to the disruptions caused by the past three years? After the July-September quarter (Q2) results, analysts are suggesting that electrical capital goods businesses like Siemens, ABB India, Thermax, GE T&D, Hitachi Energy, Bluestar, and Voltas will see an 11 per cent revenue CAGR over the next three years, rather than 16 per cent anticipated after Q1 (April-June quarter) results.
This is based on a Q2 slowdown in order inflows. However, this can also be the bottom of the cycle or
This is based on a Q2 slowdown in order inflows. However, this can also be the bottom of the cycle or
