Reserve Bank of India (RBI) has stated in a latest monthly update that high-frequency indicators pointed to sustained investment activity. Imports of capital goods recorded double digit growth in Q3:2025-26 and maintained a healthy pace during January-February 2026. The production of capital goods also recorded strong growth in Q3, with a notable pick-up in February 2026. Construction-related indicators continued to display a healthy picture cement production increased at double digit rate in Q3:2025-26 and January 2026, while finished steel consumption grew at a modest pace in Q3 although it gained momentum in February 2026. Gross fixed capital formation (GFCF) maintained momentum in 2025-26.
High-frequency indicators point to sustained investment activity
April 23, 2026 · 6:31 pm IST
Source: Business Standard
📌
Key Takeaways
- Construction-related indicators continued to display a healthy picture cement production increased at double digit rate in Q3:2025-26 and January 2026, while finished steel consumption grew at a modest pace in Q3 although it gained momentum in February 2026.
- Imports of capital goods recorded double digit growth in Q3:2025-26 and maintained a healthy pace during January-February 2026.
- The production of capital goods also recorded strong growth in Q3, with a notable pick-up in February 2026.
- Gross fixed capital formation (GFCF) maintained momentum in 2025-26.
📊
IPO Market Today
Open for Subscription 1
Adisoft Technologies
SME
₹163–₹172
· Closes Apr 27
GMP: ₹10
(+5.8%)
Sub: 1.85x
Full Report
Originally reported by Business Standard.
💡
IPO Cracker Take
Monetary policy shifts ripple into IPO valuations through discount rates and liquidity. Use our IPO evaluation framework to factor rate changes into any upcoming issue.
❓
Frequently Asked Questions
Higher rates increase the discount rate used in DCF valuations, typically compressing IPO valuations. Banking and NBFC IPOs benefit from rate cycles in different ways than tech or consumer.
Broader rate outlook matters, but each IPO should still be evaluated on its own financials. Our IPO evaluation framework walks through the key metrics.
Banking, NBFC, housing finance, and real estate are the most rate-sensitive. Consumer staples and utilities are relatively insulated.
Explore More
Quick links to all IPO sections
Open IPO
Live now
Upcoming IPO
Coming soon
IPO Calendar
Dates & schedule
Closed IPO
Allotment pending
Listed IPO
Listing gains
IPO GMP
Grey market premium
Subscription
Live bidding data
Allotment
Check status
SME IPO
Small & medium
Mainboard IPO
Large cap
Performance
Listing returns
Market News
Latest updates
Learn
IPO guides
0 Comments
No comments yet. Be the first to share your opinion!