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