Page 6 - Capital Goods
'Under FCA, CIP, CPT, seller must provide proof of cargo delivery to buyer'
In FCA/CIP/CPT, the seller is only required to provide proof that he has delivered the cargo to the buyer
 "'Under FCA, CIP, CPT, seller must provide proof of cargo delivery to buyer'")
Recovery unlikely for cement and capital goods sectors before Q3
Industry volume declined in the June quarter
 "Recovery unlikely for cement and capital goods sectors before Q3")
From auto to banking, grumble of slowdown is getting louder for India Inc
The companies' combined net profit declined by 10.1 per cent yoy during June '19 quarter against 26.2 per cent yoy growth a year ago
 "From auto to banking, grumble of slowdown is getting louder for India Inc")
Capital goods and infrastructure firms report 19% slip in new orders
The fall is after 51% growth in FY18
 "Capital goods and infrastructure firms report 19% slip in new orders")
Order inflows up 30% for infrastructure, capital goods companies in 2018
Govts, PSUs, and NHAI make bulk of new orders; pvt sector remains on sidelines
 "Order inflows up 30% for infrastructure, capital goods companies in 2018")
Construction orders boosted capital goods growth in October
October's double-digit growth in the capital goods sector appears to have been pushed by the demand for construction machinery.The growth rate over that in October 2017 was six per cent in primary goods, 16.8 per cent in capital goods, 1.8 per cent in intermediate goods and 8.7 per cent in infrastructure, according to the Index of Industrial Production (IIP) estimates.However, sectoral officials and experts wonder if this trend will sustain, for various reasons. "The growth to the capital goods segment is coming from machinery. Construction machinery for roads, dams, water segment development and low-cost housing are all contributors," said M S Unnikrishnan, managing director at Thermax, the engineering major. The country, he notes, has also started export of construction machinery, mainly for real estate, contributing to the growth.CARE Ratings, in a note on Thursday, said: "IIP growth for the first seven months (April-October) of the (financial) year indicates that capital goods ..
 "Construction orders boosted capital goods growth in October")
US core capital goods orders unexpectedly fall in Jan after 3 months gain
Did little to change views that manufacturing was recovering from a slump amid commodity price rise
 "US core capital goods orders unexpectedly fall in Jan after 3 months gain")
Basics back rally in capital goods
Improved execution and better operating levers have helped BHEL, Cummins, Siemens outdo expectations
 "Basics back rally in capital goods")
Capital goods sector can add up to Rs 50,000 cr to GDP: Study
Make in India campaign and trends in key end-use sectors have created multiple growth opportunities for capital goods players, says a FICCI- McKinsey report
 "Capital goods sector can add up to Rs 50,000 cr to GDP: Study")
Smaller capital goods players offer respite
Stocks such as AIA Engineering, Engineers India, LMW and SKF India hold potential given their niche offerings
 "Smaller capital goods players offer respite")
Capital goods shares defy weak market trend; BHEL up 3%
Capital goods shares remained firm on the back of robust core sector growth in February
 "Capital goods shares defy weak market trend; BHEL up 3%")
4 capital goods stocks that look attractive
While the Budget might have been a sentiment booster for the sector, firms with market dominance emerge as favourites
 "4 capital goods stocks that look attractive")