Discover and read the best of Twitter Threads about #capitalgoods
Most recents (3)
Set a reminder for my upcoming Space! twitter.com/i/spaces/1kvJp…
We are going live in 5!
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#nifty50 #NiftyBank #corporateindia
We are going live in 5!
Follow the thread below for slides!
#nifty50 #NiftyBank #corporateindia
Before we begin, here is the Disclaimer 
.@INCIndia trolls elated at minus 7.3% GDP growth in FY21,forgetting this was a #Pandemic year,in fact the worst pandemic in 102yrs
Good News in 4Q👇
GDP growth was 1.6% despite consensus of minus 1.4%
GVA growth was 3.7% Vs consensus of 2.6%
Industrial growth was solid 6.9%
Good News in 4Q👇
GDP growth was 1.6% despite consensus of minus 1.4%
GVA growth was 3.7% Vs consensus of 2.6%
Industrial growth was solid 6.9%
In fact,both in Q3&Q4FY21,India reported positive GDP&GVA growth
Industrial growth also was +ve for 2 qtrs in a row at 1.7%&6.9%
Agricultural growth has been a positive 3%+ in every single qtr,in last 4 qtrs
Construction growth has been a massive 6.5%&14.5% in Q3&Q4
#Economy
Industrial growth also was +ve for 2 qtrs in a row at 1.7%&6.9%
Agricultural growth has been a positive 3%+ in every single qtr,in last 4 qtrs
Construction growth has been a massive 6.5%&14.5% in Q3&Q4
#Economy
Some channels conveniently showing how WPI under @narendramodi govt has risen sharply,to 10.49% in April 2021
It is not #WPI but #CPI that matters& #RetailInflation measured by CPI was just 4.2% in April,with food inflation at 2.02%&Vegetable Inflation at minus 14.18%
#Economy
It is not #WPI but #CPI that matters& #RetailInflation measured by CPI was just 4.2% in April,with food inflation at 2.02%&Vegetable Inflation at minus 14.18%
#Economy
1/ There has been a lot of interest of late in the #CapitalGoods space. Some observations in this thread
2/ Contrary to popular opinion that cap goods is a cyclical space there is a small subset of companies in this space which have delivered decent returns over decade plus time periods. Literally 5-10 odd cos
3/ Common thread: one or more of (a) great replacement demand revenue streams or make critical consumables in larger machines/engines (b) control their tech (c) have diversified end use cases (d) diversified geo ops to negate cyclicality and needless to say (e) strong mgmt teams
