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Capital Goods - Non Electrical Equipment Stocks

Non-electrical equipment sector stocks represent companies that manufacture industrial machinery, construction equipment, engineering tools, and mechanical systems used across sectors such as manufacturing, infrastructure, mining, and heavy industries.

Capital Goods - Non Electrical Equipment Sector Stocks List 2026

Content updated in descending order
CompanyLTPMarket CapVolume52 Week Low52 Week High
Cummins India Ltd5,040₹1,39,708.80 CR15,4973,802.556,142.8
Welspun Corp Ltd2,591.2₹68,353.43 CR93,273709.752,676
APL Apollo Tubes Ltd2,250₹62,473.14 CR3,22,3821,640.052,300.9
Tube Investments of India Ltd2,702.6₹52,314.86 CR3,1152,165.053,419.1
Indo-MIM Ltd970.6₹47,994.32 CR3,49,364701989.95
Kirloskar Oil Engines Ltd2,203.35₹32,063.12 CR33,664855.952,720.35
Jyoti CNC Automation Ltd1,002.85₹22,807.13 CR75,8665801,055
Grindwell Norton Ltd1,962.1₹21,724.37 CR1,0441,3302,464
Carborundum Universal Ltd1,131₹21,546.16 CR24,335734.651,306.4
Elgi Equipments Ltd641.9₹20,342.39 CR62,711408.95645.4
Jindal Saw Ltd305.3₹19,524.19 CR45,840153.2319.5
Ratnamani Metals & Tubes Ltd2,732.25₹19,150.89 CR3,8381,900.053,342.35
Ingersoll-Rand (India) Ltd4,851.25₹15,314.43 CR4563,0704,954.25
Kirloskar Brothers Ltd1,860.5₹14,774.03 CR8771,3332,192.3
Graphite India Ltd733.95₹14,339.59 CR58,032512.85802.2
KSB Ltd812.35₹14,138.08 CR6,402668.651,028
HEG Ltd729.05₹14,069.03 CR2,06,870470.7753.9
Action Construction Equipment Ltd1,126.55₹13,415.32 CR60,531746.11,195.8
Lloyds Engineering Works Ltd84.28₹13,046.66 CR3,35,94637.4199.78
Titagarh Rail Systems Ltd871.9₹11,742.21 CR3,10,779568.65970.05
Tega Industries Ltd1,547.15₹11,623.38 CR2,3951,4742,130
Jupiter Wagons Ltd243.35₹10,400.06 CR73,252236.6358.2
Kirloskar Pneumatic Company Ltd760.6₹9,882.20 CR11,586477.51,098.88
Elecon Engineering Company Ltd433.3₹9,723.25 CR1,42,123352634.95
Esab India Ltd6,087.2₹9,370.04 CR794,714.557,325
Standard Engineering Technology Ltd409.8₹8,175.17 CR1,25,195104.75412.4
Ajax Engineering Ltd581.7₹6,655.31 CR4,979395.65698.8
Praj Industries Ltd336₹6,176.12 CR20,341273.05427.75
Shakti Pumps (India) Ltd472.9₹5,835.49 CR49,808457914.95
GMM Pfaudler Ltd1,147.55₹5,159.07 CR37,689735.351,307.5

What are Non-Electrical Equipment Sector Stocks?

Non-electrical equipment sector stocks are the shares of companies that are involved in manufacturing industrial machinery, heavy engineering products, construction equipment, process plant machinery, material handling systems, pumps, valves, bearings, compressors, and mechanical capital goods.

These businesses supply essential equipment used across sectors such as infrastructure, manufacturing, mining, oil & gas, cement, steel, chemicals, and transportation. Companies in this segment play a vital role in industrial development by helping businesses expand production capacity, improve efficiency, and modernise operations.

Since capital expenditure and infrastructure growth are key drivers of economic progress, non-electrical equipment stocks are often closely watched by investors seeking exposure to industrial growth themes.

Things to Consider Before Investing in the Non-Electrical Equipment Sector Stocks

Before investing in non-electrical equipment sector stocks, investors usually evaluate several factors:

  • 1. Capital Expenditure Cycle:

    Demand for industrial machinery often rises when businesses and governments increase spending on factories, infrastructure, and expansion projects.
  • 2. Economic Growth:

    A growing economy generally supports manufacturing activity, industrial production, and infrastructure creation, which may benefit the sector.
  • 3. Order Book Strength:

    Companies with healthy book order pipelines and project execution capabilities may offer better revenue visibility.
  • 4. Raw Material Costs:

    The price of steel, aluminium, copper, and other industrial inputs can impact margins for machinery manufacturers.
  • 5. Export Opportunities:

    Some companies generate revenue through exports, making global industrial demand an important factor.
  • 6. Company Fundamentals:

    Investors often analyse revenue growth, debt levels, profitability, return ratios, and management quality before selecting non-electrical equipment shares.

What are the Benefits of Investing in the Non-Electrical Equipment Sector Stocks?

Investing in the non-electrical equipment sector stocks may offer several advantages:

  • 1. Exposure to Industrial Growth:

    These companies often benefit when manufacturing and infrastructure investments increase.
  • 2. Long-Term Growth Potential:

    As economies modernise, demand for advanced machinery and engineering equipment may rise over time.
  • 3. Portfolio Diversification:

    Adding non-electrical equipment shares can diversify a portfolio beyond sectors like banking, IT, or FMCG.
  • 4. Government Infrastructure Push:

    Public spending on roads, railways, energy, and industrial corridors may create opportunities for the sector.
  • 5. Export-Led Opportunities:

    Some companies in the non-electrical equipment sector share the benefits from international demand and global expansion.

What are the Different Types of Companies in the Non-Electrical Equipment Sector?

The non-electrical equipment sector stock list typically includes businesses across multiple categories:

  • 1. Construction Equipment Manufacturers:

    Companies producing excavators, cranes, loaders, and road-building machinery.
  • 2. Industrial Machinery Companies:

    Businesses manufacturing production machinery, packaging equipment, and automation systems.
  • 3. Pumps, Valves, and Compressors Manufacturers:

    Companies supplying equipment used in water treatment, oil & gas, chemicals, and utilities.
  • 4. Material Handling Equipment Firms:

    Businesses making conveyors, forklifts, storage systems, and lifting solutions.
  • 5. Heavy Engineering Companies:

    Firms engaged in customised plant equipment, boilers, pressure vessels, and industrial systems.
  • 6. Precision Component Manufacturers:

    Companies supplying bearings, gears, castings, forgings, and industrial components.

Who Can Invest in the Non-Electrical Equipment Sector Stocks?

Non-electrical equipment shares are listed on stock exchanges, allowing different types of investors to participate, such as:

  • Retail investors looking for sector-specific opportunities
  • Long-term investors interested in industrial growth themes
  • Institutional investors such as mutual funds and pension funds
  • High-net-worth individuals (HNIs) seeking diversified portfolios
  • Investors tracking infrastructure and manufacturing trends

Investors can buy and sell these stocks through a registered stockbroker and a Demat account.

How To Invest in Non-Electrical Equipment Stocks with Anand Rathi?

Investing in the non-electrical equipment sector stocks through Anand Rathi's TradeMobi app involves a few simple steps:

  • 1. Open a Trading and Demat Account:

    You need to register yourself with Anand Rathi and open a demat/trading account to start investing in the non-electrical equipment sector stocks.
  • 2. Add Funds to Your Account:

    You'll be required to transfer money from your bank account to your trading account via net banking or UPI.
  • 3. Research Non-Electrical Equipment Sector Stocks:

    Login to the TradeMobi app, search for the non-electrical equipment stock list, and select the stock you are interested in investing in.
  • 4. Place Your Order:

    You may enter the number of shares you want to invest in and place your order to buy the stocks at either the current price or a predetermined price.
  • 5. Track and Manage Your Investments:

    Once you have invested in your shares, you can track your investments and keep a tab on the performance of your stocks as well as the market trend.

Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

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