The Indian unit of US-based Honeywell International reported a profit of Rs 137 crore (around $16 million), compared to Rs 103 crore a year ago
In the past one month, the MNC index has rallied 8%, as against less than 1% gain in Nifty 50
In the past six months, the BSE Capital Goods index has outperformed the market by surging 31%, as against a 11% rally in the S&P BSE Sensex.