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    C
    Capital Goods
    SECTOR | 12 Apr 2023

    Execution to remain upbeat on robust order backlog

    buy
    Capital Goods
    by ICICI Securities Limited
    ICICI Securities Limited
    For our capital goods coverage universe, we expect revenue growth momentum to continue in 4QFY23 for both EPC and product companies, led by robust order backlog, improving supply chain and hence overall pick-up in execution.
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