Page 5 - Capital Goods

Capital goods index hits new peak in weak market; L&T, Timken at new highs

Thermax rallied 12 per cent to Rs 1,503 after it reported 183 per cent year-on-year jump in its consolidated profit after tax

Strong Q2 seen for capital goods companies as project execution picks pace

This is helped by the easing of the second wave, and as a result ironing out of supply chain issues, improving labour availability as vaccination picks pace and timely customer collections

Larsen & Toubro rallies 15% in a month, nears record high

L&T was up 2 per cent at Rs 1,538 on the BSE, trading close to its all-time high level of Rs 1,593 touched on February 2, 2021

Manufacturing PMI up marginally; growth of domestic orders, production slow

Consumer goods was the strongest-performing category in April, followed by capital goods and intermediate goods

Mutual funds continue to trim positions in heavyweights in February

Most large MFs remained underweight on banking and overweight on capital goods

Domestic capital goods companies likely to report flat margins in Q4

Volumes expected to rise as demand picks up in select sectors, say experts

Infrastructure push: Higher expenditure yet to reflect in top line

Combined net sales of infra, capital goods firms down 2.3% in Dec quarter

Exports rise 5.4% in January; trade deficit narrows to $14.75 billion

Rise in both exports and imports signals recovery is strengthening: Experts

L&T Q3 results today: Strong order inflow, liquidity management may aid nos

Analysts at HDFC Securities forecast a 71.5 per cent sequential growth in Larsen and Toubro's consolidated net profit at Rs 1,980 crore for the quarter under review

Larsen & Toubro hits 52-week high on steady order flow in construction arm

L&T today announced that its construction arm has secured significant orders from prestigious clients for various businesses

Inventory inching up relative to sales across sectors, FMCG less affected

Festive season, supply chain issues may have been contributing factors leading to higher inventory

Playing capital goods theme: A stock-specific approach is the right tactic

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

BSE Capital Goods index hits fresh 52-week high; L&T, BEL gain up to 3%

Given the likely recovery in capex from public sector, multilateral funded projects and certain process industries, analysts at ICICI Securities believe, companies like L&T will be key beneficiary

Covid-19: Capital goods firms experiment with contracts, chase payments

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

Decline in order inflow at L&T does not augur well for capital goods sector

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

Govt working to identify key sectors for making India a manufacturing hub

The manufacturing sector contributes about 15 per cent in the country's economy and the government is aiming to increase it significantly

Covid-19: Order inflow a concern for capital goods, construction companies

In a two-part series, Business Standard takes stock of order books of infrastructure companies and whether they will be able to withstand the lockdown-induced economic slowdown

Govt may propose GST refunds on capital goods purchases to exporters

Currently, under the LUT route, they need not pay tax on their export bills, but they stand to lose refunds on taxes paid on capital goods. Taxes on all other inputs get refunded

Industrial output breaks 3-month downward streak, expands by 1.8% in Nov

The rise in IIP helped pull up cumulative growth in industrial output to 0.6 per cent in the April-November period of FY20

Slowdown effect? As capital goods orders dry up, Pune's MSMEs falter

The third part of the series looks at how MSMEs that cater to capital goods makers are reeling from stress