Cap­i­tal Goods

The Economic Times - - Markets -

The cap­i­tal goods sec­tor has been un­der pres­sure as or­der in­flows have dried up. Profit growth was hit due to agres­sive bid­ding. De­fer­ment of power projects due to de­lay in land and en­vi­ron­men­tal ap­provals added to the in­dus­try’s woes. Of late, short-cy­cle projects have shown re­cov­ery, which may spread to the sec­tor

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