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This Article is From Sep 30, 2024

Auto Sector Check - Demand Yet To Pick Up; Dealers Optimistic For Festive Revival: Motilal Oswal

Auto Sector Check - Demand Yet To Pick Up; Dealers Optimistic For Festive Revival: Motilal Oswal
Image For Representation Purposes  Evening shots of vehicles moving alongside the road on Nerul highway. (Photographer: Vijay Sartape/Source: NDTV Profit)

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

While we anticipate the two-wheeler segment to continue outperforming other segments even in FY25, this appears to be fully priced-in after the recent strong rally in two-wheeler stocks. Maruti Suzuki India Ltd. is our top pick among auto original equipment manufacturers as it continues to be a play on rural recovery with attractive valuation.

We also like Mahindra and Mahindra Ltd., given its healthy demand momentum in both SUVs and tractors for FY25.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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