As the headwind for the auto sector starts to slow and the nifty auto index continues to outperform some of the other sectoral indices, we take a look at what analysts’ views are on segments and sub-segments of the auto industry. Stock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.
Headwinds like rising input cost, stagnant demand are becoming things of the past for the auto industry, the nifty auto index is doing well. Another reason for them doing well is the fact that after years of keeping it under wrap right from two wheeler to car maker and now even the LCV companies are gradually opening up their EV strategy. This is happening even as some high end premium ICE products are being launched. That is probably the reason
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