Difficult to make right returns in capital goods sector: Anand Dalmia

In a chat with ET Now, Anand Dalmia, MD Investment Banking, Violet Arch, shares his views on capital goods sector.

ET Now: Also cap goods, is there a broad consensus on that?

Anand Dalmia: Anything in this environment wherein it is capex intensive and your cost of debt is so high, it is difficult to really make the right returns. Obviously, there are couple of companies which one can still look at. But, generally as a segment, we would just wait and watch.