Capital goods stocks: Time for a pause post the rally?
For now, there is some comfort in the sector's near-term revenue visibility, and companies with diversified presence across sectors are expected to benefit
Source: livemint.com
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IT firms' order books lose relevance amid spending cuts by clients
Accenture’s revenue growth decelerated despite steady order inflows
Source: moneycontrol.com
skipper: ETMarkets Management Talk: Skipper optimistic on H2 FY24 show, actively pursuing Rs 12,600 crore worth projects
"The global market for power T&D equipment is expected to reach $378.7 billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-30. Currently, Skipper exports to more than 65+ countries and engages with 200+ EPC players globally. The robust order book provides a substantial revenue visibility for the next 3-4 years, indicating a strong and stable foundation for sustained growth."
Source: indiatimes.com
Will Bharat Electronics' annual orders surpass previous record?
The company received orders worth Rs 18,298 crore so far in FY24 against its annual guidance of Rs 20,000 crore
Source: moneycontrol.com
How large cap IT can diverge from Accenture on order wins
Infosys, TCS, HCL have won several large projects in Q2 with total revenue potential of more than $1 billion
Source: moneycontrol.com