Capital Goods Stocks Outlook For The Week - 28.05.2018 To 01.06.2018
Stocks of companies in the capital goods sector are seen consolidating around current levels due to lack of significant triggers in the sector. We will be looking at the earnings of sector bellwether Larsen & Toubro Ltd for further guidance on the sector. L&T is expected to announce its earnings on Thursday. Stocks of thermal power companies in the sector including Bharat Heavy Electricals Ltd,
Thermax Ltd and CG Power and Industrial Solutions Ltd are to face some correction in the short term due to lack to order inflows in the sector.
Source : Cogencis Information Services Ltd.
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Stocks of companies in the capital goods sector are seen consolidating around current levels due to lack of significant triggers in the sector. We will be looking at the earnings of sector bellwether Larsen & Toubro Ltd for further guidance on the sector. L&T is expected to announce its earnings on Thursday. Stocks of thermal power companies in the sector including Bharat Heavy Electricals Ltd,
Thermax Ltd and CG Power and Industrial Solutions Ltd are to face some correction in the short term due to lack to order inflows in the sector.
Source : Cogencis Information Services Ltd.
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