Capital Goods Stocks Outlook for the week – 23 to 28.02.2015
( www.rupeedesk.in )
Stocks
of capital goods companies are seen extending gains next week as investors are
likely to build position in companies operating in this sector in anticipation
that the Budget may spring some surprises. Any measures aiding the power sector
or boosting government's infrastructure expenditure is likely to benefit stocks
in this sector. Among the stock most favoured by investors are Larsen &
Toubro, Siemens and Thermax.
Government
steps to restart stalled power sector projects as well as measures to enhance
the power
transmission and distribution network will benefit Alstom, Siemens and Thermax.