On Monday, L&T announced that the hydrocarbon business of the company secured a significant order under its AdVENT (Advanced Value Engineering and Technology) business vertical
Equity benchmarks extended their rally for the second straight session on Wednesday amid buying in index heavyweights HDFC twins and fresh foreign funds inflows.
The stock of engineering & construction company surpassed its previous high of Rs 2,210.50, which it had touched on December 16, 2022
YoY topline, bottomline growth likely in double-digits, but margin concerns remain, say analysts
Segments are yet to recover from pre-covid period of 2019-20 when the economy started slowing down
Capital goods and engineering major thyssenkrupp Industries India on Sunday said demand in core sectors will remain robust amid inflationary headwinds in the next 2-3 years. At the same time, the company also urged the government to consider extending production-linked incentives (PLI) scheme to basic industries to boost output and employment in the country. The national infrastructure policy will help the country achieve an economic output of USD 5 trillion by 2025 despite the complex global environment, a senior company official said. "Despite the complex global environment, we are optimistic about India's growth given the government's strong focus on infrastructure and a positive business environment. We are confident of achieving 15-20 per cent year-on-year growth in the next 2-3 years on the back of a strong order book," thyssenkrupp Industries Managing Director and CEO Vivek Bhatia told PTI in an interview, "We expect to end the year with a turnover of around Rs 3,000 crore i
Morgan Stanley remain bullish on consumer discretionary, industrials, financials, and technology; and remain underweight all other sectors
Revenue growth estimates have moderated post Q2 but the bottom may be close
Amid moderation in inflation, markets seem to have moved past fears of interest rate hikes and investors are now anticipating strong foreign inflows into domestic equities, analysts said
Open-source Aadhaar and UPI will be two top digital public goods offered; govt trying to take QR-based authentication and payment services global following success of DBT, payment digitisation
Key monitorables include tender pipeline and emerging supply-chain scenario, say analysts and players
Says 1.5 mn jobs lost because of such trade; FMCG sector worst affected
Robust demand in economy -- aided by government spending -- has enabled capital goods companies to sustain strong order inflows. Takes a look at key factors which make analysts bullish on this space
Inflation remains a key risk for margins amid geopolitical tensions. But, analysts expect this to improve from the second half of FY23 due to declining commodity prices and strong order inflows
The Nifty earnings per share (EPS) is estimated to grow 9 per cent year-on-year to Rs 785 in FY23, against an earlier expectation of 13 per cent growth to Rs 820
Signs of renewed capex and improving margins; high inflation, supply-chain disruptions and black-swan events among risks
The Index of Industrial Production for June, released on Friday, showed capital goods output -- which is a barometer of investment -- rose by 26.1 per cent over the year-ago period, the sharpest among
Orders for companies grew 15-57% in the first quarter of the financial year
The swing in favour of Indian equities comes after a brutal sell-off where FPIs sold equities worth Rs 2.56 trillion since October 2021
Interest rate hikes, however, remain a pet peeve