BSE Auto Falls 4% In A Week
  • WebDesk BTVI
  • Mar 24 2019

Joindre Capital Services' Avinash Gorakshakar says the auto companies might report negative earnings in Q4 due to demand being down and cut in production, also says Maruti could underperform in the short term and should be seen as long term investment option. Within the 2-wheeler sector, he says there could be drag on the volume in this quarter. IIFL's Hadrien Mendonca says Hero MotCorp could be avoided, picks Bajaj Auto, says the stock could be accumulated on any level of decline.