Execution and margin to be key monitorables
There has been a moderation in order inflows in 4QFY24 owing to the impending election cycle. However, for key verticals such as renewable energy, power T&D, defense, railways, metro and water, order inflows have been steady overall in FY24 thanks to the government’s continued thrust on capex. On the private side, investment activity has been selective, primarily in areas such as data centers, real estate, cement, metals & mining, i...
Capital Goods Sector Update : Execution and margin to be key monitorables - Motilal Oswal Financial Services
