Capital Goods
Stocks Outlook for the week – 03 to 07.11.2014
( www.rupeedesk.in )
Trading in stocks of capital
goods companies is seen largely stock-specific as three major
companies will detail their
Jul-Sep earnings next week. Engine and generator maker Cummins
India, will detail results on
Thursday. The company is estimate on positive result in Jul-Sep.
Cummins India is likely to show
strong growth on the back of higher exports, while a positive
surprise due to uptick in
domestic demand on the back of acute power shortage cannot be ruled
out.
Sector bellwether Larsen &
Toubro will detail its earnings at the end of next week and that too
after market hours. We are expect
positive on the company's stocks in the long run and suggest a buy on dips strategy.
