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Engineering stocks might be just losing steam

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BS Srinivasalu Reddy Mumbai

Jul-01

Aug-19

%chg1

%chg2

P/E ratio

Bharat Earth Movers

389.40

666.10

791.80

103.34

18.87

16.24

Atlas Copco

686.05

782.45

1145.00

66.90

46.34

41.40

Crompton Greaves

439.85

441.50

617.60

40.41

39.89

28.10

BHEL

802.80

856.95

1074.59

33.86

25.40

23.29

Siemens

1713.10

1947.10

2288.55

33.59

17.54

36.65

Cummins India

113.05

134.40

150.50

33.13

11.98

21.93

Larsen & Toubro

1022.20

1186.40

1329.25

30.04

12.04

15.63

Engineers India

349.25

366.15

451.55

29.29

23.32

18.20

ABB

1204.84

1330.10

1541.55

27.95

15.90

37.21

Ingersoll-Rand

281.95

279.30

338.80

20.16

21.30

9.40

Thermax

619.40

596.40

730.20

17.89

22.43

25.60

Bharat Elect.

673.25

719.55

741.25

10.10

3.02

13.45

 This trend reflects that the investors are thinking twice before investing in these stocks which are perceived to have touched their peak valuations.  

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First Published: Aug 24 2005 | 12:00 AM IST

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