Capital Goods Stock: 4 Best Performing

Capital Goods Stock: 4 Best Performing | The current upward trend has given strength in general, and the momentum of infrastructure in the capital goods sector has produced massive gains. On the same day before, the BVB capital goods index reached a new high, in line with the major indices that also recorded new highs on 17 September 2021.

Read also: Top best paying jobs in capital goods

What are capital goods Stock and the sector’s prospects in India?

Capital goods are usually goods that require a lot of capital and are used in areas of business, such as construction, etc. If you now reach the prospects of the engineering industry and the capital goods industry, according to the IBEF report, investment and investment spending will boost consumer demand. goods. Various government initiatives also continue to support the industry with their various schemes and initiatives:

1. Extension of Rs. 10 million credit to MSMEs in just 59 minutes via the online portal

2. 100% foreign direct investment

3. Revocation of the engineering sector license. Moreover, the sector is on a standalone basis: it includes some of the big players who use a huge workforce i.e. the skilled sector has a sectoral advantage in various measures like market knowledge, manufacturing cost, technology and innovation i.e. paying higher investments in the sector.

Moreover, the sector is independent: it includes some of the big players who use a huge workforce, ie the skilled sector has a sectoral advantage in various measures such as market knowledge, production cost, technology and innovation, ie the payment of higher investments in the section. . . . The 4 largest companies in the capital goods sector that obtained even more profits

Read Also: Is Consumer Non-Durables a Good Career Path?

Capital goods stock Last trading price % Gain Mkt capitalization

Bharat Electronics                        Rs. 205.3                 98%                               Rs. 50023 crore

Havells India                                Rs. 1471.9              116%                              Rs. 92185 crore

Larsen and Toubro                       Rs. 1716.2               89%                               Rs. 241067 crore

Siemens                                       Rs. 2180.55              73%                              Rs. 77653 crore

1. Bharat Electronics

Limited (BEL) is a Navratna PSU of the Ministry of Defense, Government of India. Produces advanced electronic products and systems for the Army, Navy and Air Force. BEL has also diversified into various areas such as homeland security solutions, smart cities, e-government solutions, space electronics, including satellite integration, energy storage products, including charging stations for e-vehicles, solar and grid solutions, cyber security, railway and subway solutions, and airport solutions. electronic voting machines, communications products, passive night vision devices, medical electronics, vehicles and software solutions.

Coming to his scribe, the stock within a year gained 98% near packing multibagger revenue. Company

M-Cap- Rs 50,023 crore

P/E TTM-24.18

Sector P/E- 24.79

2. Havells India:

The company is a fast moving electrical products (FMEG) company with a very strong global presence. The company has a dominant position in products, including industrial and household circuit protection devices, cables and wires, motors, fans, modular switches, appliances, air conditioners, electric water heaters, power condensers and household lamps, commercial and industrial. In more than a year, despite the pandemic, the company has led to unrest and changed the market sentiment amid the financial crisis to good returns for its investors, almost doubling the wealth of investors.

TTM P / E-75.79

Sector P / E- 77.70.00

3. Larsen & Toubro:

With eight decades of existence, the company is India’s largest private sector company globally. The company’s capabilities are diversified in technology, engineering, construction and production and maintains leadership in all of its major lines of business.

P/E TTM- 19.36

Sector P/E- 21.32

4. Siemens

With a focus on electricity, automation and digitization, Siemens India stands for Excellence in Engineering, Innovation and Reliability. As one of the world’s largest manufacturers of energy-efficient and energy-efficient technologies, Siemens is a leader in industry-leading infrastructure, energy, automation and software solutions and a leader in medical diagnostics. Siemens also offers corporate financial solutions, railway automation solutions and wind energy. The company’s shares gained 73% in one year.

P / e TTM- 70.66

Sector P / E- 95.54

Read Also: Is Capital Goods a Good Career Path?

 

 

 

 

 

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