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The Times of India
The Times of India
Business
Bloomberg

Heat wave: These stocks are set get to earnings boost

India Stock Market

A blistering summer gripping a significant portion of India is fueling optimism of higher earnings for one segment of the nation’s $4.8 trillion stock market.

Varun Beverages Ltd and Havells India Ltd are among eight producers of aerated drinks, power generators and appliances such as refrigerators and fans that have seen an average increase of 6.3% in their 12-month ahead earnings per share estimate since early April, data compiled by Bloomberg showed.

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