For Thermax, consolidated order flows fell 26.3%Order book at the end of the June quarter was 18% lower from a year ago
2 min read9 Aug 2019Deterioration in capex will slowly seep into weak order flows for capital goods firmsOne may argue that while the government lowered fiscal deficit estimates for the year to 3.3% from the interim budget’s 3.4%, it may rely on off-balance sheet financing for central expenditure
2 min read15 Jul 2019Barring some strain on the working capital front, most capital goods firms should clock double-digit growth in profitsInvestors must recognize that revenue growth in Q4 FY19 will be driven by the strong order book of the past
2 min read4 Apr 2019One of the best times to tap into the equities market is when the recovery is under way
5 min read23 Jul 2014Nine of every 10 Indian equity funds lose in August
1 min read3 Sep 2007The 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