Capital Goods
A narrow group of stocks posts outsized gains amid market turmoil
A Mint analysis shows that while 47% of stocks have bled this year, a select 5% have emerged as standout performers.
3 min read13 May 2026Multibagger Thermax stock jumps 14% to fresh record high after strong Q4 performance
Thermax shares surged 14% to ₹4,759 after a strong March quarter, with an 18% profit increase to ₹244 crore. FY26 revenue rose 3% to ₹10,694 crore, with a 27% increase in order balance. The company also announced dividends totaling ₹20 per share.
2 min read8 May 2026FPI shift: Out of IT, into infra in FY26—what’s in store for FY27?
Record outflows in FY26 mask a sharp rotation, with investors exiting IT and defensives while selectively backing capital goods, telecom and metals amid shifting earnings visibility.
3 min read14 Apr 2026US-Iran war, high crude oil prices could shave off as much as 4% from Nifty earnings: Somil Mehta, Mirae Asset Sharekhan
Expert view: Higher energy costs increase input expenses for several sectors, which could pressure margins and reduce overall earnings growth across companies in the Nifty index, said Somil Mehta, Mirae Asset Sharekhan.
3 min read12 Mar 2026Hitachi Energy, ABB India to Astral: 10 capital goods stocks gain 10–33% in 2026. Do you own any?
The capital goods sector, led by Hitachi Energy and Apar Industries, is experiencing strong growth in 2026 due to improved investor sentiment, government spending, and favorable trade conditions. Analysts project continued strength amid healthy ordering trends and margin improvements.
2 min read23 Feb 2026Pulse of the Street: Oil jitters cap gains; markets end the week flat
Higher crude oil prices, sectoral churn and stock-specific swings dictated markets this week
2 min read21 Feb 2026Why did Hitachi Energy, BHEL, Cummins India and other capital goods stocks crash up to 6.5% today? Explained
GE Vernova T&D India and Cummins India faced heavy losses, dropping up to 6.5% after reports of India lifting restrictions on Chinese companies bidding for government contracts worth $700–750 billion. The BSE Capital Goods index also fell by 2.4%.
2 min read12 Jan 2026Market weakness temporary; earnings and capex cycle to drive recovery: Mansi Patel
Mansi Patel says the current market correction is driven more by macro headwinds than earnings. She views it as a healthy pause and a buying opportunity, with earnings upgrades likely in infra, financials, autos, and healthcare. Large caps remain favored amid volatility.
5 min read29 Jul 2025Apar Industries to Hitachi Energy: 23 capital goods stocks rally up to 78% in 3 months. Do you own any?
Recent months have seen capital goods stocks rebound significantly, driven by increased order inflows in defense and power sectors. Notable performances include Bharat Dynamics and Timken India, alongside major orders secured by L&T and Siemens, enhancing sector optimism.
3 min read9 Jul 2025The capital goods sector gets a power-up, its weight rises in Nifty
Strong ordering activity and an expected rise in government capex bode well for capital goods.
2 min read13 Jun 2025Wait for it…
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