Top 10 capital goods stocks

In the last six months, the capital goods index has appreciated sharply and even outperformed the Sensex. Capital goods index gave a return of 54% against 38% by the Sensex during the period. There is a firm recovery in demand of these companies. In terms of sales growth, the firms present in the capital goods index posted a revenue growth of 13% for Q2 and net profit went up by 19% during the same period.

Check out the top 10 capital goods stocks:

Gammon India:

3-month returns: 48.06

Lakshmi Machine Works:

3-month returns: 47.41

Crompton Greaves:

3-month returns: 42.79

Thermax:

3-month returns: 35.31

Usha Martin:

3-month returns: 31.99

AIA Engineering:

3-month returns: 30.91

Siemens:

3-month returns: 22.42

Bharat Bijlee:

3-month returns: 19.65

Kalpataru Power Transmissions:

3-month returns: 13.73

ABB:

3-month returns: 12.46

Top 10 capital goods stocks

Capital goods’ stocks have performed relatively better post polls mainly on expectation that a stable government is likely to improve capital inflow and increase infrastructure spending.

In the last one month, BSE Capital Goods index has given a return of 12% against 4% posted by the Sensex. Availability of funds will give a fillip to stalled and new projects, subsequent to which the capital goods companies could see improved order intake. The key challenge for the companies in this sector is to improve their stretched working capital cycles.

Reliance Industrial Infrastructure



3-month returns: 252.86
Market Cap: Rs 1504.26 cr

McNally Bharat Engineering Company:

3-month returns: 225.64
Market Cap: Rs 373.59 cr


Gammon India:


3-month returns: 190.66
Market Cap: Rs 1546.04 cr

Suzlon Energy:

3-month returns: 172.26
Market Cap: Rs 18503.95 cr

Punj Lloyd:


3-month returns: 166.04
Market Cap: Rs 6625.01 cr

Walchandnagar Industries:

3-month returns: 164.12
Market Cap: Rs 828.79 cr

BEML:


3-month returns: 153.75
Market Cap: Rs 3769.24 cr


Elecon Engineering Company:

3-month returns: 146.78
Market Cap: Rs 692.28 cr

Crompton Greaves:

3-month returns: 144.98
Market Cap: Rs 10877.86 cr

Larsen & Toubro:

3-month returns: 143.62
Market Cap: Rs 94319.17 cr