Results preview: Order-book booster to stay for capital goods firms

Key monitorables include tender pipeline and emerging supply-chain scenario, say analysts and players

Public and private-sector capital expenditure (capex) is expected to aid year-on-year (y-on-y) topline and bottomline growth of capital goods companies in the second quarter of the ongoing financial year (Q2FY23). Sequentially, too, numbers on both fronts are expected to show an improvement, sector experts said, as order inflows have remained robust during the period.
 

While commodity prices softened during the July-September period, recession and rupee depreciation concerns remain. On Tuesday, the International Monetary Fund (IMF) cut India’s FY23 GDP forecast to 6.8 per cent from 7.4 per cent projected earlier.

The body joined the World Bank, which last week