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FY13 to weak order flow, capex in capital goods segment

PUBLISHED ON: April 23, 2012 | Duration: 7 min, 19 sec

  
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MS Unnikrishnan, MD of Thermax and Nidhi Agrawal, Research Analyst at Sharekhan discussed the outlook for capital goods, which is likely to see weak order flow, and capital expenditure in FY13. However, lower interest rates are expected to spur pick up in investment activity.
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