L&T, Siemens, Thermax, KEI: Election sound bites to keep industrial stocks higher, says Jefferies

Jefferies said it has 'Buy' ratings on eight of its 10 covered industrial/power companies, except Cummins and BHEL. Larsen & Toubro (L&T), Siemens Ltd, Thermax Ltd and KEI Industries Ltd are its top picks.

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