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Over the past three trading sessions, the stock of Cummins India has gained about nine per cent on strong January-March quarter (Q4) results and good near-term prospects.
Its Q4 performance was led by a healthy 29 per cent revenue growth over the year ago quarter.
This was largely on the back of a 33 per cent jump in domestic revenues while exports witnessed a growth of 17 per cent. ....
After years of failing to fulfil its potential, India is the go-to economy in Asia, which makes Prime Minister Anthony Albanese’s trip fortuitous. ....
The sustained boom in global tech spending, a revival of local housing demand and a rebound in bank earnings are expected to be among the key drivers of gains for Indias stock market this year. ....
Nomura sees Nifty at 15,340 by March'22; sees risks to FII flows in FY22 business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.