Cummins India: Is the Expected Growth Priced In?
Moneylife Digital Team 31 December 2021
There is an expectation that India is on the cusp of a major cycle of capital expenditure (capex) to be implemented by the private sector and government-aided infrastructure projects. This has pushed up the stocks of industrial products like bearings, electrodes, abrasives, pumps, compressors and so on. One of the best placed to play this cycle is Cummins India Limited (CIL), a 51% subsidiary...
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