Capital Goods Stocks Outlook for the week -02.12.2013 - 06.12. 2013 www.rupeedesk.in Stocks of most capital goods and engineering companies are seen up next week tracking the markets, with investors particularly favouring stocks of Bharat Heavy Electricals and Larsen & Toubro. Despite the absence of any significant positive change in order flow, investors are betting on capital goods companies as sign of a more business-friendly political party coming to power in the upcoming elections are becoming apparent.
Capital Goods and engineering sector has been affected by policy bottlenecks in power sector, slowdown in public spending and sluggish industrial capital expenditure activity for almost two years now. Early sign of a change in government is largely one of the reasons that the stocks of the sector are seeing a revival. There is no real change in the actual demand scenario, but there is a perception among investors that a new government might fast-track stalled or slow-moving projects, which is likely to benefit capital goods and engineering companies. -- You received this message because you are subscribed to the Google Groups "Rupeedesk Profits" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/kences1. For more options, visit https://groups.google.com/groups/opt_out.
