Weekly Fundamental Podcast With Rini Mehta | 17th July 2023

Highlights of 17th July Fundamental Weekly Podcast:- Both Nifty and Sensex gained around 1.20%- Mid-cap and small-cap indices outperformed the large-cap index.- Major sectors had a positive session on a week-on week basis with Technology, Metals, Autos and Capital goods gaining the most.- Flls continue to be a net buyer to the tune of Rs. 14,582 crores, to date in July'23.- PICK OF THE WEEK – Cummins India - TARGET - Rs 2060AR2023 brings out key business metrics, breaking free from the tight pre-Covid range these businesses operated in:(1)20% higher powergen MW sales(2)25% higher exports(3)50% higher business per employee(4) 100% higher JV PAT. - The key forward-looking metric relates to exports, where the increase in the proposed quantum of sales transactions with Cummins UK suggests 20% growth for the portfolio.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #CumminsIndia