India's capital goods industry forecasts 12-14% growth
after close1 source ↓written by the desknot a recommendation
- remain stable
- 12-13%
- books have surged
- 1.5 times
- over the past
- ₹5.2 lakh crore
India's capital goods industry is projected to achieve revenue growth of 12-14% this fiscal year, driven by robust government spending and capacity expansion in sectors like power and mining. The operating margin is expected to remain stable at 12-13%, supported by strong execution and improved operating leverage. 📈
• Order books have surged 1.5 times to ₹5.2 lakh crore over the past two years.
• Limited exposure to geopolitical risks provides a buffer for domestic revenue growth.
Traders should monitor developments in this sector as it reflects broader economic health.
Not investment advice. For informational purposes only.