Page 3 - Capital Goods

Larsen & Toubro hits 52-week high on steady order flow in construction arm

L&T today announced that its construction arm has secured significant orders from prestigious clients for various businesses

Inventory inching up relative to sales across sectors, FMCG less affected

Festive season, supply chain issues may have been contributing factors leading to higher inventory

Playing capital goods theme: A stock-specific approach is the right tactic

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

BSE Capital Goods index hits fresh 52-week high; L&T, BEL gain up to 3%

Given the likely recovery in capex from public sector, multilateral funded projects and certain process industries, analysts at ICICI Securities believe, companies like L&T will be key beneficiary

Covid-19: Capital goods firms experiment with contracts, chase payments

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

Decline in order inflow at L&T does not augur well for capital goods sector

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

Govt working to identify key sectors for making India a manufacturing hub

The manufacturing sector contributes about 15 per cent in the country's economy and the government is aiming to increase it significantly

Covid-19: Order inflow a concern for capital goods, construction companies

In a two-part series, Business Standard takes stock of order books of infrastructure companies and whether they will be able to withstand the lockdown-induced economic slowdown

Govt may propose GST refunds on capital goods purchases to exporters

Currently, under the LUT route, they need not pay tax on their export bills, but they stand to lose refunds on taxes paid on capital goods. Taxes on all other inputs get refunded

Industrial output breaks 3-month downward streak, expands by 1.8% in Nov

The rise in IIP helped pull up cumulative growth in industrial output to 0.6 per cent in the April-November period of FY20

Slowdown effect? As capital goods orders dry up, Pune's MSMEs falter

The third part of the series looks at how MSMEs that cater to capital goods makers are reeling from stress

'Under FCA, CIP, CPT, seller must provide proof of cargo delivery to buyer'

In FCA/CIP/CPT, the seller is only required to provide proof that he has delivered the cargo to the buyer

Recovery unlikely for cement and capital goods sectors before Q3

Industry volume declined in the June quarter

From auto to banking, grumble of slowdown is getting louder for India Inc

The companies' combined net profit declined by 10.1 per cent yoy during June '19 quarter against 26.2 per cent yoy growth a year ago

Capital goods and infrastructure firms report 19% slip in new orders

The fall is after 51% growth in FY18

Order inflows up 30% for infrastructure, capital goods companies in 2018

Govts, PSUs, and NHAI make bulk of new orders; pvt sector remains on sidelines

Construction orders boosted capital goods growth in October

October's double-digit growth in the capital goods sector appears to have been pushed by the demand for construction machinery.The growth rate over that in October 2017 was six per cent in primary goods, 16.8 per cent in capital goods, 1.8 per cent in intermediate goods and 8.7 per cent in infrastructure, according to the Index of Industrial Production (IIP) estimates.However, sectoral officials and experts wonder if this trend will sustain, for various reasons. "The growth to the capital goods segment is coming from machinery. Construction machinery for roads, dams, water segment development and low-cost housing are all contributors," said M S Unnikrishnan, managing director at Thermax, the engineering major. The country, he notes, has also started export of construction machinery, mainly for real estate, contributing to the growth.CARE Ratings, in a note on Thursday, said: "IIP growth for the first seven months (April-October) of the (financial) year indicates that capital goods ..

US core capital goods orders unexpectedly fall in Jan after 3 months gain

Did little to change views that manufacturing was recovering from a slump amid commodity price rise

Basics back rally in capital goods

Improved execution and better operating levers have helped BHEL, Cummins, Siemens outdo expectations

Capital goods sector can add up to Rs 50,000 cr to GDP: Study

Make in India campaign and trends in key end-use sectors have created multiple growth opportunities for capital goods players, says a FICCI- McKinsey report