L&T underscores cap goods hellhole
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L&T underscores cap goods hellhole

Mumbai : India | May 14, 2012 at 9:31 PM PDT
Source: Daily News & Analysis
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The capital goods sector, which boasts corporate majors such as Bhel and L&T, is bearing the brunt of slowdown in the capital expenditure (capex) cycle. This L&T's fiscal 2012 results, announced on Monday, have confirmed. New orders at L&T declined 12% to Rs70,574 crore, lower than the forecast Rs83,000... FULL ARTICLE AT Daily News & Analysis
 
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