Capital goods stocks down as India budget retains capex outlay
** Shares of capital good stocks Thermax THMX.NS , Siemens
SIEM.NS , ABB India ABB.NS , Larsen and Toubro LART.NS down
between 1.4% to 4.8%
** India government retains capex outlay on Tuesday's budget
from interim budget announced in Feb 2024
** LART is the top loser in Nifty 50 index .NSEI
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))
Recent news on ABB India
See all newsAnalysis: Global firms exploit India's IPO boom to take profits back to home countries
India's ABB falls after quarterly results; broker downgrades on margin concerns
Engineering firm ABB India posts fourth straight profit fall on higher raw material costs
Brief: ABB India Appoints TK Sridhar As MD Effective Jan 1, 2027
ABB India jumps after Swiss parent's strong quarterly results, outlook