Page 2 - Capital Goods

Capital goods soars 6%, records sharpest intra-day rally since March 2020

Bharat Electronics, Larsen & Toubro, Hindustan Aeronautics, CG Power, Bharat Heavy Electricals and Schaeffler India have rallied between 7% and 9% in intra-day trade

As order book grows, capital goods, engineering cos firm up capex plans

Nine of the large engineering and capital goods companies combined have a capex of roughly Rs 11,500 crore or more under way

Kedaara Capital breaks mold for Indian PE firms with record capital raise

Kedaara Capital has raised a record $1.7 billion to put it on par with the deep-pocketed global players that have dominated the space for years

Steady Ebitda, mixed margins expected for capital goods firms in Q4

Many engineering and capital goods companies are currently executing multi-year high order books

Results preview: Yet another healthy showing likely for capital goods in Q3

Brokerages - Motilal Oswal, Nuvama, Kotak Institutional Equities and Prabhudas Lilladher - estimated revenue growth for their capital goods universe to be 11-16 per cent year-on-year

Lack of valuation comfort may enhance gains in capital goods sector

Commodity prices are still moderate due to slower global demand

Rs 8.45 trillion & rising: Orders flood major capital goods firms

"This intuitively looks like an all-time high factoring in inflation," said Anupama Arora, a senior independent analyst who tracks the capital goods sector

Exporters should help EODC camps succeed

The DGFT has now brought into sharp focus the urgency to deal with the EODC applications quickly and get the statuses of the authorisations updated where the EODCs are issued

Results preview: Profit of capital goods cos may stay the course in Q2

Margin improvement anticipated in Q2FY24 results amid lower costs

Power, financial services stocks witness highest FPI selling in September

An analysis conducted by PRIME Infobase reveals the sectors where overseas funds turned the most bearish

Power, IT, capital goods stocks attract highest FPIs flows, shows data

Meanwhile, they were net sellers in metal stocks worth Rs 5,930 crore, financial services worth Rs 3,672 crore, and oil, gas and consumables worth Rs 1,778 crore

CG Power surges 4% in weak market, hits new high on strong biz outlook

Thus far in the calendar year 2023, the stock has rallied 59 per cent as compared to 6 per cent rise in the S&P BSE Sensex

Share of L&T's slow-moving projects in order book at multi-year low

As a result, fast-moving orders have picked up

Share of slow-moving projects in L&T capital goods order-books shrinks

Top executives from L&T have pointed out that orders booked at lower commodity prices during the pandemic have strained margins for the company

Strong Q1 likely for capital goods firms with low costs, healthy execution

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

Cracking the investment strategy: FPIs are bullish on finance, auto stocks

Load up on financials, automotive stocks in May

TMS Ep430: Adani & Vedanta, higher pension, capital goods stocks, ONDC

Have Adani and Vedanta turned the corner? Is the promise of a higher pension a chimera? Will capital goods stocks extend their dream run? What is ONDC? All answers here

New phase of capex cycle to start soon, say analysts. Top stocks to bet on

Helped by a property upcycle, analysts at Jefferies believe various government initiatives are likely to drive capex going ahead

Capital goods stocks could surge on order visibility, pick-up in exports

Near-term trigger is the strong Q4 results led by revenue growth and expanding margins

L&T hits record high on strong business outlook; stock jumps 9% in 6 days

On Monday, L&T announced that the hydrocarbon business of the company secured a significant order under its AdVENT (Advanced Value Engineering and Technology) business vertical