Some pin hopes on the NIP even as awards for FY21 and year after look bleak
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.
Companies like Siemens suggest the government needs to reduce the cost of doing business to ensure domestic firms grow
At 11:03 am, the S&P BSE Capital Goods index, the top gainer among sectoral indices, was trading nearly 4 per cent higher at 12,071 points.
Analysts anticipate some amount of weakness on the execution front in H1FY21 due to current challenges in manpower movement.
Industry volume declined in the June quarter
Here are trading strategies for key capital goods stocks in a volatile market
Order inflow numbers need to show a healthier trend, which will be difficult under these conditions