Capital Goods Companies

Revenue growth estimates have moderated post Q2 but the bottom may be close

Key monitorables include tender pipeline and emerging supply-chain scenario, say analysts and players

Signs of renewed capex and improving margins; high inflation, supply-chain disruptions and black-swan events among risks

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

On a weekly chart, L&T faces resistance at Rs 1,165 levels, which is its 200-weekly moving average (WMA)

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

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

Here are trading strategies for key capital goods stocks in a volatile market

Edelweiss in a note dated May 15 says that the recovery in capex is pretty broad