Helping You Build Wealth With Honest Research
Since 1996. Try Now


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Investment in securities market are subject to market risks. Read all the related documents carefully before investing

An Emerging Opportunity for Investors
India's Lithium Megatrend

**Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
**By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.


Engineering Sector Stocks in India

The engineering sector in India is the largest of the industrial sectors and can be broadly categorized into two parts, namely heavy engineering and light engineering.

It's advantage India when it comes to the engineering sector as India competes hand in hand across the globe. This is because the engineering sector in India is backed by notable government initiatives and huge investments.

The demand for new engineering projects and expected growth in contracts for engineering sector will keep the sector in favor in the years to come.

But do remember that engineering stocks are usually risker as their fortunes are prone to economic booms and busts and for this reason, they are often called cyclical stocks.

Generally considered an offensive tactic in investing, cyclical stocks can be used to generate high returns when the economy is doing well.

Therefore, the best time to buy such stocks is at the start of an economic expansion and the best time to sell them is just before the economy begins to slow down.

However, before selecting a stock, one must check whether the industry is due for revival or not.

To know more about the engineering sector's past and ongoing performance, have a look at the performance of the NIFTY Infrastructure Index and BSE Capital Goods Index.

Why Praj Industries Share Price is Rising

Nov 25, 2023

This company could be a great enabler and beneficiary of the ethanol and biofuel theme. No wonder the stock is up over 70% in 2023.

Top 6 Stocks Supplying Critical EV Components to Tesla

Nov 23, 2023

Tesla's entry into India could give an upper-hand to these six Indian companies that are already supplying components to the electric vehicle giant.

This Smallcap Stock is Betting Big on Green Hydrogen & Semiconductors

Nov 18, 2023

This smallcap stock is up over 75% in 2023 and looks set for some more momentum after its green hydrogen and semiconductor foray. Take a look...

Ace Investor Mukul Agrawal Adds Stake in this Multibagger Smallcap Stock

Nov 3, 2023

It's an interesting company involved in the electric vehicle and solar energy space.

Ace Investor Ashish Kacholia Exits this Multibagger Engineering Stock

Oct 23, 2023

Here's why the seasoned investor sold his entire holding in this engineering stock in the September 2023 quarter..

Tata Technologies vs Tata Elxsi: How these Tata Group Stocks Stack up Against Each Other

Oct 11, 2023

The upcoming IPO of Tata Technologies is one of the most anticipated IPOs of the year, and is being compared to Tata Elxsi, another Tata Group company that provides somewhat similar services.

Top 5 Multibagger Penny Stocks to Watch Out for in 2024

Oct 3, 2023

A look at the top performing penny stocks of 2023 and how they are stacked for 2024.

5 Indian Companies Where Insiders Are Selling: What Investors Need to Know?

Sep 7, 2023

These five companies have seen insider selling recently. Is it a sign of trouble ahead?

BHEL Shares Rally on Short Covering Bets. What Next?

Aug 23, 2023

This could be the reason why BHEL share price is rising.

L&T's Next Big Leap in The Green Hydrogen Space

Aug 10, 2023

In line with its commitment to a sustainable future, L&T is poised to make significant strides in the green hydrogen landscape. More details inside.

Why CG Power Share Price is Rising

Nov 23, 2023

CG Power share price zooms 20% in two days on plans to set up semiconductor assembly. What next?

FIIs & DIIs are Buying These 5 Indian Stocks. Take a Look...

Nov 21, 2023

These 5 stocks have caught the attention of foreign as well as domestic institutional investors.

Top High Growth Sectors that Raymond is Tapping. Investors Take Note...

Nov 4, 2023

One of India's leading business houses has recently forayed in these high potential sunrise sectors and it could have a lot of potential for investors to look forward to. Here's everything that you need to know...

Why Suzlon Energy Share Price is Rising

Oct 25, 2023

Suzlon Energy shares are up 195% in 2023 so far. What's next?

Why Texmaco Rail Share Price is Rising

Oct 16, 2023

Texmaco Rail shares urge over 11% in a day. What's driving the rally?

Defense Stock Zooms 30% in 5 Days. What's Driving the Rally?

Oct 5, 2023

After rallying 114% in 2023,this multibagger small-cap stock hits upper circuit today. Here's why.

Ashish Kacholia's New Bet is this Multibagger Engineering Stock

Sep 27, 2023

Find out why the seasoned investor turned bullish on this SME multibagger stock that has soared 142% in 2023 so far.

Why GMR Airports Share Price is Rising

Aug 23, 2023

GMR Airports Infra shares surge 11% in five days to hit new 52-week high. What's next?

NTPC's Next Big Leap in the Green Hydrogen Space

Aug 22, 2023

As a part of its drive to diversify into clean energy, NTPC is stitching a grand green-hydrogen roadmap. More details inside.

This Multibagger Engineering Stock Zooms 20% In a Day. Here's All You Need to Know

Aug 2, 2023

Here's why shares of this multibagger engineering stock hit their 52-week high.