Margin is seen at 10.9 per cent as against 10.8 per cent in the year-ago quarter. Analysts are expecting healthy growth in the June quarter due to a large order book, weak base and healthy infra pipeline. Management guidance on order inflows, execution and tender pipeline will be key monitorables.
Eicher Motors shares fall over 4%, Maruti Suzuki 3%. Here’s why
The Nifty auto index was one of the worst performing sectors and fell 0.87% and was trading at 16,042.85. In the 15 stock index only