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SECTOR | 22 Mar 2019, 02:51PM

Govt extends IGST, compensation cess exemption under various export promotion plans till March 2020

Business Today

These exemptions have been extended for exporters buying inputs domestically or importing for export purposes under export oriented unit (EOU) scheme, Export Promotion Capital Goods (EPCG) scheme and advance authorisation.

Capital Goods

SECTOR | 14 Jan 2019

Weak factory output hits capital goods stocks; L&T;, ABB India, NBCC fall

Business Standard

The BSE Capital Goods Index ended the day with losses of 1.9% on Monday

Capital Goods

SECTOR | 08 Jan 2019

Capital goods: Investor focus shifts to project executionas capexcycle wanes

livemint

Both the BSE capital goods index and the BSE India infrastructure index have underperformed the broad market as weak investment capex cycle hints at lower order inflows in the coming quarters

Capital Goods

SECTOR | 27 Aug 2018

Capital goods imported under EPCG can be shifted to another unit: Expert

Business Standard

The RA may allow one time extension of the said period for producing the certificate by a maximum period of 12 months with a composition fee of Rs 5,000

Capital Goods

SECTOR | 08 May 2018

BSE Capital Goods index slips 1%; L&T; top drag

Economic Times

Losses in pharma, metal and auto stocks pulled the equity benchmarks down.

Capital Goods

SECTOR | 03 May 2018

Capital goods stocks fall; Siemens plunges 9%

Economic Times

Shares of Siemens declined even as the company posted on Monday a rise of 18 per cent in its March quarter profit.

Capital Goods

SECTOR | 02 Apr 2018

Capital goods, construction firms see 69% jump in new orders in FY18

Business Standard

At Rs 2.80 trillion, companies chart recovery from a poor FY17

Capital Goods

SECTOR | 10 Jan 2018

Capital Goods: 3QFY18E Results Preview

Capital Goods

HDFC Securities

Rolling forward the valuation methodology from Sept-19E to Dec-19E, the TPs for Skipper/KKC/EIL/TMX have increased to Rs 271 (vs 261)/ Rs 1,016 (vs Rs 1,007)/Rs 216 (vs Rs 183)/Rs 1,014 (vs Rs 985). Also, the TP for Swaraj has increased to Rs 2,566 (vs Rs 2,489). Our coverage universe is likely to witness ~6% YoY growth in revenues. While Engineers India (EIL), Skipper and Swaraj Engines may clock healthy revenue growth, Cummins (KKC)/Thermax (TMX) are likely to witness lower growth at ~5/6% due to sluggish exports/lower book to bill. While Skippers revenue growth may be aided by the likely come back of the polymers segment, EILs growth is on the back of a strong order book. Swarajs growth may be driven by a 13% YoY volumes growth.