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Rs 8.45 trn & rising: Orders flood major capital goods firms

India s leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value.

As on September 30, 2023, 13 of India s top 15 listed capital goods and engineering firms, for which data for the September 2023 quarter was available, had a total orderbook worth Rs 8.45 trillion - a number unseen at least since 2018-19.

This intuitively looks like an all-time high factoring in inflation, said Anupama Arora, a senior independent analyst who tracks the capital goods sector. ....

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Share of L&T's slow-moving projects in order book at multi-year low

The share of slow-moving orders in the overall order book of Larsen & Toubro (L&T) is at a multi-year low.

This has led to a renewed focus on fast-moving orders.

A mix of factors such as commodity price fluctuations, robust order inflow and strong sectoral demand have put capital goods order book in the fast lane, analysts and company executives said.

L&T, with its large presence in the capital goods sector, is often seen as the bellwether for trends in this space. ....

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Expanded distillery capabilities and better realisations will increase integrated sugar mills' performance this fiscal: ICRA

Sugar production is estimated at around 36 million MT for SY2022 after considering around 3.4 million MT sugar sacrifices towards juice/B-heavy molasses-based ethanol as per ISMA. ....

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Bollywood star Alia Bhatt tackles domestic violence in Netflix's 'Darlings'

Bollywood star Alia Bhatt tackles domestic violence in Netflix's 'Darlings'
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