Sunday, June 3, 2012

Industrial slowdown and policy paralysis hurting BHEL

The slowdown in domestic industrial investment has decelerated the economic growth of our country, not to mention the adverse impact it has had on companies that directly or indirectly cater to the industrial segment. Capital goods is one of the most battered sectors today with current macro-economic headwinds watering down the growth and progress of companies like BHEL. Navratna public sector undertaking ( PSU) Bharat Heavy Electricals or BHEL is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing companies in the country. Once hailed as a key pick in the heavy engineering space, BHEL today appears to be losing its sheen. Pricing pressures, competition from cheaper imports and shrinking order inflows are no longer mere concerns, but have become a significant threat to the company. more at: http://economictimes.indiatimes.com/features/investors-guide/industrial-slowdown-and-policy-paralysis-hurting-bhel/articleshow/13734130.cms

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