Capital Goods Stocks Outlook For The Week – 11 To 15.12.2017
The stocks of capital goods companies are expected to rise marginally next week due to the mid term review of the Foreign Trade Policy 2015-20. The government on Tuesday announced incentives worth 84.50 bln rupees to boost exports of goods and services from labour-intensive segments and micro, small and medium enterprises, as well as to increase employment The changes in the Foreign Trade Policy are aimed at easing trade norms and making India a significant player in global trade.
To tide over the transitional period following the implementation of goods and services tax, the government also increased the validity of duty credit scrips to 24 months from 18 months. Stocks of companies in the sector can also see positive movement on the back of industrial production data to be announced on Tuesday. Sector major Larsen & Toubro Ltd is likely to gain next week, after the
company recently announced a large order win worth 16 bln rupees from Hindustan Petroleum Corp Ltd. The company is expected to trade positively in the medium term as it is well poised to benefit from recovery in infrastructure spending in the hydrocarbon sector. The company is likely to be a key beneficiary of the Ministry of Petroleum and Natural Gas' huge target of over 2 trln rupees envisaged for various projects in the next five years. Most thermal power companies, including Pune-based Thermax Ltd, and CG Power & Industrial Solutions Ltd are expected to trade in line with the broad market over the short to medium term.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Equity Cash/Futures/Options Segment
Register for Daily Rs 2000/- Profit in Stock Options
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
The stocks of capital goods companies are expected to rise marginally next week due to the mid term review of the Foreign Trade Policy 2015-20. The government on Tuesday announced incentives worth 84.50 bln rupees to boost exports of goods and services from labour-intensive segments and micro, small and medium enterprises, as well as to increase employment The changes in the Foreign Trade Policy are aimed at easing trade norms and making India a significant player in global trade.
To tide over the transitional period following the implementation of goods and services tax, the government also increased the validity of duty credit scrips to 24 months from 18 months. Stocks of companies in the sector can also see positive movement on the back of industrial production data to be announced on Tuesday. Sector major Larsen & Toubro Ltd is likely to gain next week, after the
company recently announced a large order win worth 16 bln rupees from Hindustan Petroleum Corp Ltd. The company is expected to trade positively in the medium term as it is well poised to benefit from recovery in infrastructure spending in the hydrocarbon sector. The company is likely to be a key beneficiary of the Ministry of Petroleum and Natural Gas' huge target of over 2 trln rupees envisaged for various projects in the next five years. Most thermal power companies, including Pune-based Thermax Ltd, and CG Power & Industrial Solutions Ltd are expected to trade in line with the broad market over the short to medium term.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
