Given the way things are shaping up for the sector and also with regards to the input prices coming out for some of these auto and auto ancillary companies, the margins would more likely be stable. You would see some amount of volumes coming back for this sector as well as some kind of margin tailwinds for the sector.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,