Industry bucketCooling

Capital Goods & Engineering

Industrial products, engineering, machinery, castings and shipbuilding — the capital-formation end of the market.

423 companies
₹21.15L cr combined market capAs of 1 Oct 2026

Returns

Cap-weighted with a 12% ceiling per company
Basis1D1W1M3M6M1Y
Cap-weighted-1.2%-1.3%+1.4%+7.1%+50.7%+36.4%
Equal-weighted+1.1%-0.9%+2.7%+7.1%+45.2%+16.0%
vs universe——+6.6pp+8.8pp+39.5pp—

Cap- and equal-weighted diverge. 6M +5.6pp, 1Y +20.4pp. The large members are carrying this theme — the typical company in it did less well than the headline suggests.

One-year return computed from 253 of 423 members — the rest have less than a year of price history and are excluded rather than counted as flat.

Why this label

Classified Cooling because it was ahead over 3 months, but the 1-month lead has gone or short-term breadth has dropped below 45%. Relative strength is measured against DocStoX universe (5,390 companies).

1M vs universe
+6.6pp
3M vs universe
+8.8pp
6M vs universe
+39.5pp
Above 200-DMA
55%
Above 50-DMA
45%
Acceleration
-2.1pp

These are the exact figures the nightly classifier read — not a recalculation in your browser. A dash means the input could not be computed, in which case no label is assigned at all.

Breadth

375 of 423 eligible
Above 200-day average55%
Above 50-day average45%
Median RSI
46.5
Oversold
34
RSI below 30
Overbought
21
RSI above 70

These percentages are of the 375 members that carry moving-average history, not all 423. Members without enough price history are excluded from both the numerator and the denominator.

Valuation

Medians, not averages — one loss-making outlier cannot drag the whole theme.

Median P/E
27.4
from 346 companies
Median ROE
11.5%
from 420 companies

Each median names the number of companies behind it. Companies without a reported figure are excluded from that median rather than counted as zero.

Leaders & laggards

All 200 companies

A dash means we have no figure — not a zero
Companies in the Capital Goods & Engineering theme, with weight, market cap, price, returns and valuation.
BHARAT ELECTRONICS LTDBEL-6.8%
HINDUSTAN AERONAUTICS LTDHAL-4.3%
MAZAGON DOCK SHIPBUIL LTDMAZDOCK-16.9%
WELSPUN CORP LIMITEDWELCORP+2.0%
INDO-MIM LIMITEDINDOMIM+48.1%
ADITYA INFOTECH LIMITEDCPPLUS+2.0%
SUPREME INDUSTRIES LTDSUPREMEIND-6.2%
BHARAT DYNAMICS LIMITEDBDL-13.0%
AIA ENGINEERING LIMITEDAIAENG-9.9%
SYRMA SGS TECHNOLOGY LTDSYRMA+18.6%
PTC INDUSTRIES LIMITEDPTCIL-3.2%
KIRLOSKAR OIL ENG LTDKIRLOSENG+4.9%
HONEYWELL AUTOMATION INDHONAUT-5.9%
SHYAM METALICS AND ENGY LSHYAMMETL-2.8%
GARDEN REACH SHIP&ENG LTDGRSE-16.6%
MTAR TECHNOLOGIES LIMITEDMTARTECH+12.2%
DATA PATTERNS INDIA LTDDATAPATTNS-5.8%
CARBORUNDUM UNIVERSAL LTDCARBORUNIV+12.6%
JYOTI CNC AUTOMATION LTDJYOTICNC+4.3%
TIMKEN INDIA LTD.TIMKEN-3.5%
KAYNES TECHNOLOGY IND LTDKAYNES-5.6%
GRINDWELL NORTON LIMITEDGRINDWELL-0.4%
HBL ENGINEERING LTDHBLENGINE+18.2%
SIGMA ADVANCED SYSTEM LTDSIGMAADV+38.0%
INOX INDIA LIMITEDINOXINDIA+0.1%
HAPPY FORGINGS LIMITEDHAPPYFORGE-17.2%
AEQUS LIMITEDAEQUS+11.1%
LMW LIMITEDLMW-13.0%
TEGA INDUSTRIES LIMITEDTEGA+33.3%
ASTRA MICROWAVE LTDASTRAMICRO-3.7%
USHA MARTIN LTD.USHAMART-1.6%
LLOYDS ENGG WORK LIMITEDLLOYDSENGG+16.7%
SWAN DEFENCE N HEVY IND LSWANDEF+12.6%
ZEN TECHNOLOGIES LIMITEDZENTEC-11.5%
APOLLO MICRO SYSTEMS LTDAPOLLO+3.8%
KIRLOSKAR BROTHERS LTDKIRLOSBROS-6.3%
KSB LIMITEDKSB-2.6%
SKF IND (INDUSTRIAL) LTDSKFINDUS-7.4%
TITAGARH RAIL SYSTEMS LTDTITAGARH-3.5%
PARAS DEF AND SPCE TECH LPARAS-7.5%
AXISCADES TECH LTDAXISCADES+40.3%
JUPITER WAGONS LIMITEDJWL-7.6%
KENNAMETAL INDIA LIMITEDKENNAMET-6.2%
DYNAMATIC TECHNOLOGIESDYNAMATECH+17.8%
KRN HEAT EXCHANGE N REF LKRN-7.4%
UNIMECH AEROSPACE N MFG LUNIMECH+20.2%
HMT LtdHMT-8.6%
TIME TECHNOPLAST LTD.TIMETECHNO-5.7%
KIRLOSKAR PNEUMATIC COM LKIRLPNU-7.9%
ESAB INDIA LTDESABINDIA-10.4%
STANDARD ENGNG TCNLGY LTDSETL+7.7%
VESUVIUS INDIA LTDVESUVIUS-2.9%
MISHRA DHATU NIGAM LTDMIDHANI+3.9%
SUNFLAG IRON AND STEEL COSUNFLAG+27.6%
OMNITECH ENGINEERING LTDOMNI+13.6%
OPTIEMUS INFRACOM LTDOPTIEMUS+37.9%
KNOWLEDGE MARINE & EN W LKMEW+0.5%
SKF INDIA LTDSKFINDIA-5.3%
CYIENT DLM LIMITEDCYIENTDLM+4.3%
KSH INTERNATIONAL LIMITEDKSHINTL+7.9%
CENTUM ELECTRONICS LTDCENTUM+37.5%
TECHNOCRAFT IND LTDTIIL-11.4%
GMM PFAUDLER LIMITEDGMMPFAUDLR+33.2%
BOROSIL RENEWABLES LTDBORORENEW-9.6%
SHIVALIK BIMETAL CON. LTDSBCL+1.8%
MARINE ELECTRICAL (I) LTDMARINE+0.9%
SPECTRUM ELECTRIC IND LTDSPECTRUM+80.4%
BALU FORGE INDUSTRIES LTDBALUFORGE-21.4%
LOHIA CORP LIMITEDLCL+1.8%
ROSSELL TECHSYS LIMITEDROSSTECH+34.0%
SHAKTI PUMPS (I) LTDSHAKTIPUMP-5.0%
PRAJ INDUSTRIES LTDPRAJIND-10.9%
TEXMACO RAIL & ENG. LTD.TEXRAIL+12.2%
UNIVERSAL CABLES LTDUNIVCABLES-11.8%
SURYA ROSHNI LTDSURYAROSNI+0.8%
SAMBHV STEEL TUBES LTDSAMBHV+27.2%
UFLEX LIMITEDUFLEX+0.7%
DEE DEVELOPMENT ENG LTDDEEDEV+7.0%
VENUS PIPES & TUBES LTDVENUSPIPES+37.2%
SUBROS LIMITEDSUBROS-4.4%
TEMPSENS INST (INDIA) LTDTEMPSENS-6.3%
SHANTHI GEARS LTDSHANTIGEAR+8.1%
HARSHA ENGINEERS INT LTDHARSHA+4.6%
SWARAJ ENGINES LTDSWARAJENG+0.1%
PITTI ENGINEERING LIMITEDPITTIENG+4.6%
W P I L LTD.WPIL-1.9%
AVANTEL LIMITEDAVANTEL-4.1%
AIMTRON ELECTRONICS LTDAIMTRON+18.5%
HIRECT LIMITEDHIRECT-10.0%
JOHN COCKERILL INDIA LTD.COCKERILL+0.3%
PREMIER EXPLOSIVES LTDPREMEXPLN+2.7%
VARDHMAN SPC STEEL LTDVSSL+8.0%
LASER POWER & INFRA LTDLASERPOWER-15.6%
KIRLOSKAR INDUSTRIES LTDKIRLOSIND-7.2%
JASH ENGINEERING LIMITEDJASH+25.9%
STEELCAST LIMITEDSTEELCAS+4.9%
TCPL PACKAGING LIMITEDTCPLPACK+1.7%
IDEAFORGE TECHNO LTDIDEAFORGE-6.2%
LUMINO INDUSTRIES LIMITEDLUMINO—
THE ANUP ENGINEERING LTDANUP-13.5%
HLE GLASCOAT LIMITEDHLEGLAS+39.6%
WINDSOR MACHINES LIMITEDWINDMACHIN-4.7%
OSWAL PUMPS LIMITEDOSWALPUMPS-9.3%
KILBURN ENGINEERING LTD.KLBRENG-B+23.5%
ADOR WELDING LTDADOR-7.7%
XPRO INDIA LIMITEDXPROINDIA+0.0%
KABRAEXTRUSIONKABRAEXTRU+32.1%
V MARC INDIA LIMITEDVMARCIND-4.7%
DREDGING CORP OF INDIADREDGECORP-16.9%
JAYKAY ENTERPRISES LTDJAYKAY+24.4%
Amic Forging LtdAMIC+17.0%
EPACK PREFAB TECHN LTDEPACKPEB+8.1%
JNK INDIA LIMITEDJNKINDIA+0.5%
PENNAR INDUSTRIES LTDPENIND+4.8%
Concord Control Systems LtdCNCRD+4.6%
CFF Fluid Control LtdCFF+3.4%
MV ELECTROSYSTEMS LIMITEDMVELECTRO+17.3%
THEJO ENGINEERING LIMITEDTHEJO-0.2%
KNACK PACKAGING LIMITEDKNACK-5.0%
SIKA INTERPLANT SYSTEMS LSIKA+2.3%
MACPOWER CNC MACHINES LTDMACPOWER+12.2%
Millworks TechnologiesMILLWORKS+20.4%
VIDYA WIRES LIMITEDVIDYAWIRES-0.3%
Valiant Communications LtdVALIANT+40.2%
HONDA I POWER PRODUCT LTDHONDAPOWER-5.4%
NIBE LIMITEDNIBE-9.0%
DCX SYSTEMS LIMITEDDCXINDIA-8.4%
DIFFUSION ENGINEERS LTDDIFFNKG-2.7%
GOCL CORPORATION LIMITEDGOCLCORP-9.2%
VINYAS INNOVATIVE TECH LVINYAS-9.9%
HPL ELECTRIC & POWER LTDHPL-10.9%
TINNA RUBBER AND INFR LTDTINNARUBR-8.0%
DISA INDIA LTD.DISAQ-4.1%
WENDT (INDIA) LIMITEDWENDT+0.1%
INVESTMENT & PREC CAST LINVPRECQ+24.5%
YUKEN INDIA LIMITEDYUKEN+17.4%
GALA PRECISION ENG LTDGALAPREC+14.7%
KRISHNA DEF AND ALD IND LKRISHNADEF-0.1%
Shree Refrigerations LtdSHREEREF-3.8%
STEEL EXCHANGE INDIA LTDSTEELXIND+6.3%
Keltech Energies LtdKELENRG+4.1%
WALCHANDNAGAR INDUSTRIESWALCHANNAG-6.6%
EIMCO ELECON (INDIA) LTDEIMCOELECO+3.4%
Belding India LtdBELDING-13.3%
PRIZOR VIZTECH LIMITEDPRIZOR+5.5%
EMKAY TOOLS LIMITEDETL+12.4%
Airfloa Rail Technology LtdAIRFLOA+11.4%
SAHASRA ELECTRONIC SOLU LSAHASRA+52.5%
ROTO PUMPS LIMITEDROTO-5.0%
EVEREST KANTO CYLINDERLTDEKC+0.2%
Beezaasan Explotech LtdBEEZAASAN+26.5%
NELCAST LIMITEDNELCAST+4.0%
ADC India Communications LtdADCINDIA-7.6%
SYNERGY GREEN IND. LTDSGIL+1.9%
BOROSIL SCIENTIFIC LTDBOROSCI-11.7%
MAMATA MACHINERY LIMITEDMAMATA-0.5%
ICE MAKE REFRIGERAT LTDICEMAKE-15.0%
VILAS TRANSCORE LIMITEDVILAS+14.1%
Neetu Yoshi LtdNEETUYOSHI+44.5%
TIRUPATI FORGE LIMITEDTIRUPATIFL+10.3%
RAJOO ENGINEERS LIMITEDRAJOOENG+7.6%
TANKUP ENGINEERS LIMITEDTANKUP+19.1%
Kalyani Cast-Tech LtdKALYANICASTTECHLTD—
SUNLITE RECYCLING IND LTDSUNLITE+16.0%
MIC ELECTRONICS LTDMICEL-7.7%
LOKESH MACHINES LTDLOKESHMACH+15.8%
TANEJA AEROSPACE & AVIA LTANAA+12.5%
KANORIACHEMICALS-KANORICHEM+21.0%
ORIENTAL RAIL INFRA LORIRAIL-1.0%
Forbes Precision Tools & Machine Parts LtdTOTEM+0.9%
SEJAL GLASS LIMITEDSEJALLTD-2.8%
Danlaw Technologies India LtdDANLAW-3.8%
MerritronixMRTX+39.7%
SCODA TUBES LIMITEDSCODATUBES-5.6%
Sunita Tools LtdSUNITATOOL+4.4%
SALASAR TECHNO ENGG. LTD.SALASAR-29.3%
Technocrats Plasma SystemsTECHNOCRAT+46.8%
PATIL AUTOMATION LIMITEDPATILAUTOM+28.7%
BAJAJ STEEL INDS. LTD.BAJAJST-4.5%
AXTEL INDUSTRIES LTD.AXTEL+10.5%
HY-TECH ENGINEERS LIMITEDHTEL-7.4%
L. T. Elevator LtdLTELEVATOR+0.4%
APSIS AEROCOM LIMITEDAPSISAERO-3.7%
INDEF MANUFACTURING LTDBAJAJINDEF-7.1%
TIPCO Engineering India LtdTIPCO+29.6%
Integra Engineering India LtdINTEGRAEN+9.8%
Cryogenic OGS LtdCRYOGENIC+22.1%
MAZDA LIMITEDMAZDA+15.5%
MALLCOM (INDIA) LIMITEDMALLCOM-6.9%
Satani Bearings Ltd505703+3.4%
SHREE RAMA MULTI TECH LTDSHREERAMA+3.7%
Artson LtdARTSON+6.6%
Cospower Engineering LtdCOSPOWER+62.2%
Magna Electro Castings LtdMAGNAELQ+0.1%
TPL PLASTECH LIMITEDTPLPLASTEH-4.4%
Digilogic Systems LtdDIGILOGIC+12.8%
Captain Technocast LtdCTCL-17.1%
INTL CONVEYORS LIMITEDINTLCONV+0.7%
HRS Aluglaze LtdHRS+4.8%
UNITED DRILLING TOOLS LTDUNIDT+7.9%

Showing the 200 largest of 423 members by weight. Theme-level figures above are computed over all of them.

Capital Goods & Engineering stocks — frequently asked

How many Capital Goods & Engineering stocks are listed in India?
DocStoX tracks 423 listed Capital Goods & Engineering companies across NSE and BSE, grouped from each company’s reported industry.
How have Capital Goods & Engineering stocks performed over the last 3 months?
The Capital Goods & Engineering theme returned +7.1% over three months on a market-cap-weighted basis (each company capped at 12%), measured against DocStoX universe (5,390 companies).
Are Capital Goods & Engineering stocks trending?
DocStoX currently labels this theme "Cooling", based on its 1-month and 3-month relative strength and the share of members above their 200-day and 50-day moving averages. This is a data classification, not investment advice.
Which Capital Goods & Engineering stock has performed best recently?
SPECTRUM ELECTRIC IND LTD (SPECTRUM) leads the theme over the last month at +80.4%. Past performance does not indicate future returns.

Other industry buckets

Compare this theme with the rest of the market.

All themes

Themes are informational groupings of listed companies, not recommendations, portfolios or indices. Figures are computed nightly from end-of-day data and may lag the live market. This is not investment advice — consult a SEBI-registered adviser before investing.