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What is PC Capital Goods Sector Initiating Dec 2024 about?

The Indian capital goods sector is experiencing a robust and sustainable capex cycle, driven by both public and private investments, particularly in infrastructure and decarbonization. Key players such as L&T, ABB, Cummins, and BHEL are recommended for investment, while Siemens is rated neutral and Thermax is advised to sell due to high valuations. The government

Author

varun gupta

Language

EN