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Stock impact report

India's Rising Valuations Spur Foreign Firms to Sell Holdings [Yahoo! Finance]

Whirlpool Corporation (WHR) 
Last whirlpool corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
(Bloomberg) -- Some foreign companies are paring stakes in their Indian businesses, taking advantage of the nation's booming equity market to raise cash. Most Read from Bloomberg Stock Traders Bracing for Worst Shrug Off Hot CPI: Markets Wrap One of the Most Infamous Trades on Wall Street Is Roaring Back Ex-Wall Street Banker Takes On AOC in New York Democratic Primary China Has Never Canceled This Many Shipments of US Wheat US Core Inflation Tops Forecasts Again, Reinforcing Fed Caution At least seven firms including US home appliance giant Whirlpool Corp. and Singapore Telecommunications Ltd., have reduced holdings in their local units since June, data compiled by Bloomberg show. British American Tobacco Plc. said Monday it's preparing to sell a part of its stake in partner ITC Ltd. The companies are seeking to capitalize on India's equity valuations which are among the most expensive in the world after eight years of annual gains. Analysts say these transactions co Show less Read more
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