Archive · 16 Sep 2025
Motilal Oswal's Top Picks in the Capital Goods Sector
Motilal Oswal, a financial firm, has highlighted top stock picks in the capital goods sector.
They recommend Kalpataru Projects International (KPI) due to its strong orders, particularly in the transmission segment.
KPI is expected to have strong order inflows in the coming years.
KEC International (KEC) is also mentioned, with a neutral rating.
The transmission and distribution (T&D) market has significant growth potential.
Favorable commodity prices are also expected to help improve margins.
Motilal Oswal identifies key opportunities in the capital goods sector.
Kalpataru Projects International (KPI) is the brokerage's top pick.
KPI benefited from strong order inflows, particularly in its transmission segment.
KEC International (KEC) has a neutral rating from Motilal Oswal.
Easing commodity prices are expected to improve margins.
- Who
- Motilal Oswal
- What
- Identified key opportunities in the capital goods sector
- When
- Recent financial years (FY23-FY25)
- Where
- India
- Why
- To provide investment recommendations
Stock Recommendations
Market Conditions
Company Performance
Stock Recommendations
KPI has strong order books and high-margin segments.
Market Conditions
KEC International has steady growth, but receives a neutral rating.
- Brokerage Firm
- Motilal Oswal
- Top Pick
- Kalpataru Projects International (KPI)
- KPI Order Inflows (FY25)
- Rs 145 billion (57% of total)
- KEC Recommendation
- Neutral Rating
- T&D Market (Next 1-1.5 years)
- Rs 1-1.5 trillion
- Commodity Prices
- Easing for Aluminum, Zinc, Rebar
