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Automobiles Q4 Results Preview: Operating Leverage, Softer Raw Material To Aid Margins, Says HDFC Securities
In light of the global uncertainty, the brokerage continues to maintain its top picks in domestic facing stocks like Maruti Suzuki and Ashok Leyland.
16 Apr 2025, 10:17 AM IST 
Auto companies could face business headwinds for a longer period on higher US tariffs and complex global supply chains that may witness a structural impact, says HDFC Securities.
(Photo: Vivek Amare/ Source: NDTV Profit)
Auto companies could face business headwinds for a longer period on higher US tariffs and complex global supply chains that may witness a structural impact. Even domestic companies could remain under pressure if India were to give favorable trade terms for import of cars, especially EVs, which could then impact the domestic passenger vehicles players as well.
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