Is Recovery In Sight For Capital Goods?
  • Gaurav Sarkar
  • Aug 06 2013

August 6: Talking about the possibility of a recovery in capital goods, David Gaud, Sr. Portfolio Manager at Edmond de Rothschild Asset Management, says, “A lot of capital goods contracts were mispriced and margins’ recovery for most companies is not sustainable.” says. The infra cycle in India is far from over but IT space is optimistic, he says, while remaining positive on TCS and expecting a rebound in Larsen & Toubro.