Capital Goods
L&T Q4 preview: Profit may stay flat despite revenue growth; here's why
L&T's top line is likely to see double-digit growth, supported by strong Core E&C performance, while earnings growth may remain modest on a year-on-year basis
 "L&T Q4 preview: Profit may stay flat despite revenue growth; here's why")
BHEL hits 14-year high, gains for 12th straight day; up 33% from OFS price
With healthy revenue growth, a strong order book, and a sustained execution pipeline, BHEL enters FY2026-27 with solid momentum.
 "BHEL hits 14-year high, gains for 12th straight day; up 33% from OFS price")
ABB valuations leave little room for growth slip-ups despite strong outlook
ABB India shows steady growth and strong order book across sectors, but margin pressures and elevated valuations leave little room for earnings disappointments
 "ABB valuations leave little room for growth slip-ups despite strong outlook")
Strong order book points to improved outlook for Bhel on rising demand
Robust order pipeline and improving execution position BHEL for strong revenue growth, though rising input costs and geopolitical risks may weigh on margins
 "Strong order book points to improved outlook for Bhel on rising demand")
Capital Goods index hits new high, surges 20% so far in April; here's why
Jyoti CNC, Apar Ind, BHEL, Thermax, Kirloskar Oil Engines, Siemens Energy, ABB, CG Power and Hitachi Energy were up 2 per cent to 5 per cent on the BSE in Monday's intra-day trade.
 "Capital Goods index hits new high, surges 20% so far in April; here's why")
L&T, KEC, Apar: How West Asia conflict could hit these capital goods firms?
PL Capital reckons India's West Asia-exposed companies may face near-term headwinds such as execution disruptions, logistics challenges, slower tender finalisations adn deferment of new orders
 "L&T, KEC, Apar: How West Asia conflict could hit these capital goods firms?")
Risk-reward tilting towards higher exposure to equities: Mihir Vora
Q3FY26 marked a good cyclical improvement in growth, though it may need one or two quarters to call it a decisive earnings inflection, said Vora
 "Risk-reward tilting towards higher exposure to equities: Mihir Vora")
Capital goods index tanks 5% in 1 week; what's making the Street nervous?
In the past one week, the stock price of BHEL, Hitachi Energy India, Siemens Energy India and Cummins India have declined between 7 per cent and 12 per cent.
 "Capital goods index tanks 5% in 1 week; what's making the Street nervous?")
BHEL rallies 5% on huge volumes; why PSU stock in focus on Friday?
BHEL Share Price: The average trading volumes at the BHEL counter more-than-doubled with a combined 36.99 million equity shares changing hands on the NSE and BSE till 10:31 AM.
 "BHEL rallies 5% on huge volumes; why PSU stock in focus on Friday?")
No interest on capital goods cleared into DTA after use in bonded warehouse
Manufacturing in bonded warehouses is covered under Section 65 of the Customs Act, 1962 (CA 62) and Manufacture and Other Operations in Warehouse (No. 2) Regulations, 2019 (MOOWR)
 "No interest on capital goods cleared into DTA after use in bonded warehouse")
June e-way bills 2.6% lower than May, indicating possible GST moderation
Intra-state e-way bills stood at 78.85 million in June, while inter-state e-way bills were at 40.60 million during the month
 "June e-way bills 2.6% lower than May, indicating possible GST moderation")
External risks: Trade and capital flows to impact economic growth
The developments in the US can affect the Indian economy through different channels. It will not only be critical to watch the kind of trade deal offered to India
 "External risks: Trade and capital flows to impact economic growth")
Global trade uncertainty, high capital costs may further hit FDI flows
Note that the US Budget deficit has increased structurally to over 6 per cent of gross domestic product (GDP), as against the past 50-year average of 3.8 per cent
 "Global trade uncertainty, high capital costs may further hit FDI flows")
Motilal Oswal bullish on capital goods sector this week; check stock picks
Motilal Oswal sector of the week: The capital goods sector is riding a multi-year upcycle driven by public capex and energy transition imperatives
 "Motilal Oswal bullish on capital goods sector this week; check stock picks")
April 2025 IIP dips to 8-month low at 2.7%, manufacturing grows 3.4%
Among the sectors, manufacturing - which carries the largest weight in the index - grew 3.4 per cent, up from 3.0 per cent in March
 "April 2025 IIP dips to 8-month low at 2.7%, manufacturing grows 3.4%")
Capital goods stock zooms 48% against QIP price in 2 months, hits new high
Hitachi Energy India hit a record high of ₹16,981.45, surging 6% on the BSE in Wednesday's intra-day deal ahead of Q4 results.
 "Capital goods stock zooms 48% against QIP price in 2 months, hits new high")
Foreign selling in Indian stocks persists in Feb, but financials see relief
Foreign investors also offloaded $800 million worth of consumer stocks, while the auto and capital goods sectors saw outflows of $450 million and $500 million
 "Foreign selling in Indian stocks persists in Feb, but financials see relief")
Capital Goods index hits 52-week low on growth concerns; tanks 14% in Feb
Before companies embark on another leg of the high-growth phase, analysts expect near-term moderation in growth
 "Capital Goods index hits 52-week low on growth concerns; tanks 14% in Feb")
Stay selective in capital goods as sector faces slow growth environment
There was less activity and fewer project awards in roads, railways and water sectors in FY25
Capital Goods shares under pressure; Siemens, Hitachi Energy down up to 10%
The BSE Capital Goods index slipped 4.6% in intra-day trades today, falling 7.5% in 2 days after the finance minister presented the Union Budget 2025-26 in the Parliament on Saturday
 "Capital Goods shares under pressure; Siemens, Hitachi Energy down up to 10%")