Capital Goods News
Amid trade war concern, India’s market is resilient, with capital goods and utilities leading the way- Union AMC
Indian Stock Market: Despite ongoing global trade tensions, Indian market shows resilience with capital goods and utilities leading gains. The positive outlook driven by strong macroeconomic fundamentals and sectoral performance offers hope amidst uncertainty, as highlighted by Union AMC.
2 min read14 Apr 2025Capital goods sector to gain from renewable energy and T&D expansion, says ICRA; forecasts 18% profit growth
ICRA forecasts a positive outlook for India’s capital goods sector, citing substantial investments in power and data centers. It anticipates a revenue growth of 13-15% for FY2026, supported by a strong order book and rising profit margins.
2 min read4 Mar 2025Capital goods stocks rebound after 2-day slide, still well below recent highs
Capital goods stocks rallied 3.29% on February 4, following a downturn after the Union Budget 2025. Despite this, the index remains down 8.71% year-to-date, with concerns over slower capex allocations impacting market sentiment.
3 min read4 Feb 2025Stocks to buy: IDBI Capital assigns ’buy’ rating to four capital goods stocks including Cummins, sees up to 24% upside
IDBI Capital has initiated coverage on Ador Welding, Voltamp Transformers, Kirloskar Oil Engines and Cummins India with a price target of ₹1621, ₹16,681, ₹1,491 and ₹4,401.
3 min read23 Sep 2024Thermax sees green hydrogen, chemicals as key investment areas
Bhandari explained that green hydrogen and chemicals will primarily be areas of significant investment, with significant revenue expected to commence towards the end of a two-to three-year horizon. Green hydrogen can power clean transportation, and is used to manufacture chemicals and fertilizers.
4 min read15 May 2024Why are infra and capital-goods stocks still in demand despite premium valuations?
Several infrastructure and capital-goods stocks are trading above their 10-year average PE multiple. Yet, most fund managers are comfortable investing in them because of the underlying growth visibility in these sectors.
2 min read7 May 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
Primer
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