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50% Y-0-¥ JUMP Orders flow in primarily from power transmission es and distribution companies, railways, oil & gas and roads SEOs. Fr Capital Goods, Engg Cos wes Orders Surge in June pacoaa Prassaiiesgroup ah Mumba: Orders tacaplis pcs and engineering sectors ave pick ig up driven by publicsector eam. panies. with state government or Soran tothe pipeline giving the mucli needed resplipinthosec for which has been struggling 19 Seep thiorderbooksticking. ‘Acooeding to brokernge Motilal ‘Oswal erties worth raz onenare ‘werwerieate in thomonihof Jane slone as against an avarage of ‘iasoncrore in the last 12 months ‘Theorders in laneareuptas yest ‘on-yeat, excluding a mega orar ‘worth £18,000 exore awarded by Nalgoncia Power Project in the sememanthayeer ago ““Trwanderstinenroadssectarhas ‘een in thelimedighs, butordering inother transport e=torssuch as railways and edro Fall has abso Pieked up oopsistently Ratluagys thas been aovarding seal and ig Joba rary eities areal imetra prajeets We see a strons, pipelite cf ors fram these sec tors,” sakd Arun Karambelkar, president, On’ lumbat-basodt con: structianoampany HCC sai it has bagged a €1,75i-crarn arder froin IRCON Iniernaitonal, anaistono- ‘ous constructing agency forthe Indian Railways, to construct tun. nels and a bridge in Jamon and Kashmir Shares of HCC touched NI IO ‘amen ene ant an intraday high of C475 oc. BSE, {later opd at 2.00, down 0.2%, "Phearer inflow to eapitn] goods and engineering firms has pri- ‘marily been fram power transmis. ‘sionand distribution, rallways, oll ‘gue are oadssectors, While alysts caution that the intense ‘competition may put pressure on rmuangins, they added that the of: ders are nc broad based and not estrlotet to few compare, *ordars tn the transmission and distribu seerar have picked ip driventy PonerGrid Corporation. Now even stato oloetrieity boards are giving larger val which is Benefiting the e0 goodsand engineering comps fn the sector,” sald Chirag Muichhala, an analyst at Niet Bang inattuthonsal Baul “india companies Vike EC, Kalpatarn, L&! iz HET eanoeBR srderssincethese projects invntve focal evidwork witch the Chinese sand Korearssdo not ds However. It some power product categories there is higher competition. In hiding from forclgn players, 2nd that tsaddingpreseureto thera: tins" Muchhalasaid ‘Top executives of seme of the capitid goods and engineering. firms that ET spoke to bare ind: ‘cated that the order pipeline has. ‘more, thous they tele tor eenmmiton theceser growth that it cart ied ta in thecureent fea

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