Capital Goods Stocks Outlook for the week – 21 to 25.09.2015
(Stocks
will be driven by Newsflow)
( www.rupeedesk.in )
Stocks
of most project-driven capital goods companies such as Bharat Heavy
Electricals, Thermax and Larsen & Toubro are seen extending losses next
week as lack of macroeconomic development and the weak order pipeline of the
power sector are seen fanning the negative investor sentiment.
For
L&T, the overall order inflows in Jul-Sep quarter have been weak and it has
announced order wins worth just 85.71 bln rupees. Traditionally, the company
announces over 60% of its order wins on the exchanges and rest are detailed at
the end of the reporting quarter, at quarterly financial review meetings.
