Capital goods and engineering companies are looking up after a long time. Despite higher commodity prices and interest rates, most of these companies have reported strong order inflows, and a very healthy pipeline. Reflecting this trend, ABB India has reported its highest quarterly revenue for the first time after COVID-19. While further re-rating is ruled out, stock returns would eventually track the earnings growth. Watch the video to know if you should invest.
first published: Aug 17, 2022 05:07 pm
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