FIs raise wagers on auto stocks amid improving volume visibility

August 19, 2022

The auto sector has caught the fancy of investors over the past few months thanks to strong volume visibility for passenger vehicles, a spate of new launches, and value unlocking from monetization of the electric vehicle (EV) subsidiaries.

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Amidst geopolitical uncertainty, market expert A Balasubramanian suggests the worst may be nearing an end, with improving macro signals and reasonable valuations in Indian equities.

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TCS deal wins signal stability despite AI concerns: Sandip Agarwal

TCS’s robust $12 billion Total Contract Value signals stability amidst AI disruption fears, indicating intact client spending. Analysts project 5-6% dollar growth and 16-17% rupee

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